New Funding Resources 
Maximum Purchase Price Calculator
Calculate the maximum purchase price you can afford to pay to meet your profit goals.
When it comes to real estate, it’s all about earning a profit. Accurately estimating the profit potential is especially important when we discuss short-term investment opportunities such as fix-and-flips. But how much profit is enough? The numbers might differ from one investor to another. This is why our maximum purchase price calculator starts with asking you a very personal question: “How does a decent profit look like for you?” Based on this unique number, it will then calculate how much you can afford to pay to meet this profit goal.
Fix and Flip Max Purchase Price Calculator
How does our maximum purchase price calculator work?
It starts by asking you the minimum profit you will be content to generate on the particular transaction. Not your desired profit – this can be higher, but the minimum amount you are willing to accept for this deal not be a waste of your time and effort. You will then need to enter the after-repair value of the property, the realistic renovation budget an,d the amount you are planning to finance with a private lender like New Funding Resources. The calculator automatically calculates this amount at 65% of the after-repair value, but you can change the amount manually.
The next page will guide you though all the costs associated with the transaction. You need to have a realistic assessment of what it would take to purchase a property, secure its financing, own it and, last but not least, sell it. Our calculator helps you to do this. Once you entered or edited all the costs, the calcualator will generate the maximum purchases price you should not exceed when purchasing the property – unless, of course, you want to work for free.
Need help using our Max Purchase Price calculator?
We have a great video that walks you step by step on how to get the most of it!
Need a more detailed analysis? Use our hard money calculator!
For those of you who love crunching numbers, we have more tools to help you make the right decisions. Our hard money calculator is not like any other. Not only it provides you with visual illustrations of all your costs and profits, but it also offers underwriting recommendations. It’s literally like talking to one of our experienced underwriters.
Need help beyond calculating the maximum purchase price? We are the experts in the Maryland, Washington, DC, and Virginia real estate.
New Funding Resources is the leading private hard money lender in the DMV area. We built our reputation on competitive pricing, underwriting transparency, and a consultative approach that benefits our borrowers. Our relationship with our clients goes way beyond being transactional. We work hand-in-hand to improve their ROI, manage their risk, and ultimately expand their business.
Ready to find out more about how our private funds can add value to your real estate investing business? Call 240-436-2340 or reach out to us by applying online.
