I have found this flipping calculator.

Can you all verify that the calculations are valid?

Flipping Calculator

Enter the information below in the white boxes to see how your project does. Also, there is no need to use currency signs, commas, or % signs. Just enter the numbers and the calculator takes care of the rest.

Please enjoy our quick Flipping Calculator.


Flipp-o-matic
Aquisition Costs
Property cost
580000
Closing costs
4
%
Total aquisition $603,200.00
Finance - Mortgage
Loan to Value (LTV)
90
%
Loan amount 1 $522,000.00
Interest rate
4.5
%
Loan term
30
years
Schedule
Total Project 2
60
months
Renovation / Repair Costs
Renovation / repairs
0
Monthly Expenses
Mortgage $2,670.53
Maintenance
200
Utilites
3
Insurance
200
Micellaneous
50
Subtotal Expenses $3,123.53
Total Project Costs
Total Project Costs 3 $790,611.93
Cash required 4 $268,611.93
REVENUES
Property sale
870000
Sales costs
3
%
Sales revenue $843,900.00
EXPECTED Proformance
Total Profits $53,288.07
Return 5 19.84%




http://www.realmarkits.com/tools/flipping_calculator.php