Build detailed room-by-room rehab scope and budget
For flippers and renovators creating accurate estimates: itemized labor and material costs by room, tracking against actuals during work.
Rehab Budget Calculator
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Create Free AccountWhat it does
The Rehab Budget Calculator builds a room-by-room scope-of-work estimate with itemized labor and material costs by category — foundation, exterior, roofing, HVAC, plumbing, electrical, interiors — to create detailed budgets before construction. Input rooms and scope to generate comprehensive estimates.
Lump-sum rehab estimates hide surprises; itemization exposes budget pressure points. This calculator forces line-by-line thinking so you anticipate where costs concentrate and build realistic contingencies rather than experiencing funding crises mid-project.
Who it's for
- Fix-and-flip operators building detailed budgets for hard money submission and offers
- General contractors preparing itemized bids for investor projects
- Project managers tracking actual spend against detailed budgets and managing scope creep
- Hard money lenders requiring itemized budgets before funding rehab projects
How it works
List rooms and systems
Kitchen, bath, flooring, paint, HVAC, plumbing, electrical, roof, exterior.
Enter labor and material per room
Separate line-item estimates or contractor quotes.
Total budget and compare to MAO
Does total rehab budget fit your maximum allowable offer?
Why it matters
Break scope into manageable rooms and systems
Compare labor and material costs by type of work
Identify which rooms drive most budget
Track actuals against estimate in real-time
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Full access to Rehab Budget Calculator, 66 other calculators, live FRED rates, AI deal verdicts, conservative/base/optimistic scenario projections, printable reports, and vault storage.
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What every calculator includes
67 Calculators
Every investment strategy — rental, flip, BRRRR, mortgage, commercial, wealth building.
Scenario Projections
Conservative, base, and optimistic 1/2/5/10-year return modeling.
AI Deal Verdict
Claude-powered analysis — strengths, risks, and actionable recommendations.
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Save unlimited reports. Revisit, compare, and track every deal you've analyzed.
Print-Ready Reports
Professional PDF reports to share with agents, lenders, and partners.
Address Auto-Fill
Enter a property address to pre-fill value, rent, and tax data automatically.
Live FRED Rates
Mortgage rate fields pre-populate with Federal Reserve interest rate data.
Investment-Grade Math
Every formula audited against professional underwriting standards.
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Frequently asked questions
What's average cost per room for major rehab?
Kitchen: $20K–40K; bathroom: $10K–20K; flooring: $2–5 psf; paint: $1–2 psf. Highly variable by region and scope.
Should I get multiple contractor quotes?
Yes — get 3 quotes minimum. Prices vary 20–50%. Use median as budget, add contingency.
What's included in 'rehab'?
Full cosmetic: paint, flooring, cabinets, fixtures. Partial: cosmetic only. Full renovation: cosmetic + systems (HVAC, electric, plumbing).
How much contingency should I budget?
Cosmetic: 10%; systems: 15%; unknown condition: 20%. Always budget high; coming under budget is better than overages.
Is this calculator free to use?
Yes — create a free Investor Starter account to run 1 calculator per day. No credit card required. Upgrade to Core ($49/mo) for unlimited access to all 67 calculators.
How accurate are the results?
Results are only as accurate as your inputs. The formulas use industry-standard real estate investment math. Always verify with a licensed professional before committing capital.
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Open calculatorHolding Cost Calculator
Total every cost incurred while you own a property before resale — loan interest, taxes, utilities.
Open calculatorMaximum Allowable Offer (MAO) Calculator
Work backward from your profit target and ARV to find the highest price you can defensibly offer.
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