Repair then flip: calculate what you can afford to pay
Enter your own assumptions. The calculator keeps cash costs and your own time apart, shows three scenarios, and tells you the most you can pay and still hit your target in the conservative case.
The three formulas
- Cash surplus before tax = resale proceeds − purchase price − other cash costs
- Profit after own time, before tax = cash surplus − own hours × your hourly value
- Maximum offer = conservative resale proceeds − other cash costs − own-time allowance − desired profit
Results
| Optimistic | Base | Adverse | |
|---|---|---|---|
| Sale price | $0.00 | $0.00 | $0.00 |
| Selling and payment fees | -$0.00 | -$0.00 | -$0.00 |
| Resale proceeds | $0.00 | $0.00 | $0.00 |
| Purchase price | -$0.00 | -$0.00 | -$0.00 |
| Other cash costs | -$0.00 | -$0.00 | -$0.00 |
| Cash surplus before tax | $0.00 | $0.00 | $0.00 |
| Own time (0 h) | -$0.00 | -$0.00 | -$0.00 |
| Profit after own time, before tax | $0.00 | $0.00 | $0.00 |
| Cash surplus per own hour | – | – | – |
- Optimistic: Diagnosis right, contingency unspent, optimistic price.
- Base: Contingency spent, expected price.
- Adverse: Contingency spent and the outcome disappoints.
- Maximum offer
- No purchase price works under these assumptions.
- Purchase budget
- $0.00
- Cash needed before any sale
- $0.00
From the conservative sale price, after all other cash costs, your own time and the profit you want.
Purchase plus every cost you pay before money comes back, including the contingency.
FlipGap does not estimate the chance that a repair succeeds. The adverse case shows what happens if it does not.
All figures are before tax. Tax and trading rules depend on your country and situation.
Frequently asked
Because no money leaves your account for it. The cash surplus answers “how much cash is left”. Profit after own time answers “was it worth my hours”. Paid professional labor is a cash cost; your own hours are valued separately so labor is never counted twice.
The lower end of recent, local, sold prices for the same model in the condition you will actually sell it in — including the repair you will have to disclose. If you only have asking prices, go lower still and note that your evidence is weak.
Because that is what happens when a diagnosis is wrong, a part does not fit, or nobody buys. If the adverse loss is more than you can shrug off, the purchase price is too high — or the project is not for you.