70% Rule Calculator (House Flipping)
seventy_percent_ruleMaximum purchase price for a flip under the 70% rule (or the stricter 65%): ARV × rule − repairs, plus the profit left after repairs and the commission and closing costs on the sale.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| rulePct | No | Rule to apply: 70% (standard) or 65% (stricter) | 70 |
| repairCosts | Yes | Total renovation budget in CAD | |
| afterRepairValue | Yes | Expected resale price after renovation (ARV) in CAD | |
| commissionRatePct | No | Commission on the sale as a percent of ARV | |
| closingCostRatePct | No | Closing costs on the sale as a percent of ARV |