- Snap a pic of any house from the app and it geolocates and populates the calculator with information from Zillow. Or you can manually enter the address.
- You can adjust the initial number with your opinion of the value based on the house’s current condidtion.
- Adjust the Selling Costs if needed. Typically 9% covers the closing costs and commissions.
- If you have any additional commissions such as “bird dog fees”, enter it into the Additional Commissions field.
- Adjust the slide bar for fix-up costs, either overall or itemized through the Show Fix Up Details button.
- The Offer Amount tells you how much you should pay for the property to get your desired return, which defaults to 15%.
- You can also scroll and open the Hard Money Details and Show Financing Details for additional information, including adjusting the slide bar for anticipated equity.
- Save the calculations to your portfolio. It puts the subject property into a presentation link for you to share.
