The Renovation Feasibility Tool below lets you compare 4 different properties at the same time to help you strategically identify the best option that can either bring maximum profits or add value (manufacturing capital growth) to your property after renovating.


Check out our video on "How to Find High Yield Suburbs within Seconds"


Check out the How to Use the Renovation Feasibility Tool Video and Start finding the best property to flip by updating the pre-populated fields in Blue.
 
Suburb / Address
Suburb Median Price
(Based on Dwelling Type & Number of Beds)
 
Advertised Price
 
Price to Offer to the Vendor
Mortgage
Deposit
Other Costs (Stamp Duty, LMI, Legal Fees..)
 
Property Acquisition Cost
Renovation Costs
* Renovation Cost
* Contingency
 
Total Renovation Cost
Holding Costs
* Holding Period (Number of Months)
* Monthly Repayment
* Monthly Council Rate
* Monthly Water Rate
* Monthly Electricity Rate
* Monthly Insurance
 
Total Holding Cost
Selling Costs
* Real Estate Agents Sales Commission Fee
* Advertising & Marketing Costs
* Property Styling Fee
* Legal Fee's [Out]
* Miscellaneous Selling Costs
 
Total Selling Cost
 
Total Cash Needed to Fund the Project
 
Total Project Cost
(acquisition, renovation, selling)
 
Target Sale Price
 
Target Profit (before tax)
 
Target Profit in % (before tax)
 
Property 1
Suburb / Address
 
Suburb Median Price (Based on Dwelling Type & Number of Beds)
 
$%
 
Advertised Price
 
$%
 
Price to Offer to the Vendor
 
$%
Mortgage
% Digits only
$%
Deposit
% Digits only
from (0 to 100)
$%
Other Costs (Stamp Duty, LMI, Legal Fees..)
% Digits only
from (0 to 100)
$%
 
Property Acquisition Cost
 
$%
 
Renovation Costs
* Renovation Cost
% Digits only
from (0 to 100)
$%
* Contingency
% Digits only
from (0 to 100)
$%
 
Total Renovation Cost
 
$%
 
Holding Costs
* Holding Period (Number of Months)
Digits only
 
* Monthly Repayment
% Digits only
from (0 to 100)
$%
* Monthly Council Rate
Digits only
$%
* Monthly Water Rate
Digits only
$%
* Monthly Electricity Rate
Digits only
$%
* Monthly Insurance
Digits only
$%
 
Total Holding Cost
 
$%
 
Selling Costs
* Real Estate Agents Sales Commission Fee
% Digits only
from (0 to 100)
$%
* Advertising & Marketing Costs
% Digits only
from (0 to 100)
$%
* Property Styling Fee
% Digits only
from (0 to 100)
$%
* Legal Fee's [Out]
% Digits only
from (0 to 100)
$%
* Miscellaneous Selling Costs
% Digits only
from (0 to 100)
$%
 
Total Selling Cost
 
$%
 
Total Cash Needed to Fund the Project
 
$%
 
Total Project Cost (acquisition, renovation, selling)
 
$%
 
Target Sale Price
 
$%
 
Target Profit (before tax)
 
$%
 
Target Profit in % (before tax)
 
$%
 
Property 2
Suburb / Address
 
Suburb Median Price (Based on Dwelling Type & Number of Beds)
 
$%
 
Advertised Price
 
$%
 
Price to Offer to the Vendor
 
$%
Mortgage
% Digits only
$%
Deposit
% Digits only
from (0 to 100)
$%
Other Costs (Stamp Duty, LMI, Legal Fees..)
% Digits only
from (0 to 100)
$%
 
Property Acquisition Cost
 
$%
 
Renovation Costs
* Renovation Cost
% Digits only
from (0 to 100)
$%
* Contingency
% Digits only
from (0 to 100)
$%
 
Total Renovation Cost
 
$%
 
Holding Costs
* Holding Period (Number of Months)
Digits only
 
* Monthly Repayment
% Digits only
from (0 to 100)
$%
* Monthly Council Rate
Digits only
$%
* Monthly Water Rate
Digits only
$%
* Monthly Electricity Rate
Digits only
$%
* Monthly Insurance
Digits only
$%
 
Total Holding Cost
 
$%
 
Selling Costs
* Real Estate Agents Sales Commission Fee
% Digits only
from (0 to 100)
$%
* Advertising & Marketing Costs
% Digits only
from (0 to 100)
$%
* Property Styling Fee
% Digits only
from (0 to 100)
$%
* Legal Fee's [Out]
% Digits only
from (0 to 100)
$%
* Miscellaneous Selling Costs
% Digits only
from (0 to 100)
$%
 
Total Selling Cost
 
$%
 
Total Cash Needed to Fund the Project
 
$%
 
Total Project Cost (acquisition, renovation, selling)
 
$%
 
Target Sale Price
 
$%
 
Target Profit (before tax)
 
$%
 
Target Profit in % (before tax)
 
$%
 
Property 3
Suburb / Address
 
Suburb Median Price (Based on Dwelling Type & Number of Beds)
 
$%
 
Advertised Price
 
$%
 
Price to Offer to the Vendor
 
$%
Mortgage
% Digits only
$%
Deposit
% Digits only
from (0 to 100)
$%
Other Costs (Stamp Duty, LMI, Legal Fees..)
% Digits only
from (0 to 100)
$%
 
Property Acquisition Cost
 
$%
 
Renovation Costs
* Renovation Cost
% Digits only
from (0 to 100)
$%
* Contingency
% Digits only
from (0 to 100)
$%
 
Total Renovation Cost
 
$%
 
Holding Costs
* Holding Period (Number of Months)
Digits only
 
* Monthly Repayment
% Digits only
from (0 to 100)
$%
* Monthly Council Rate
Digits only
$%
* Monthly Water Rate
Digits only
$%
* Monthly Electricity Rate
Digits only
$%
* Monthly Insurance
Digits only
$%
 
Total Holding Cost
 
$%
 
Selling Costs
* Real Estate Agents Sales Commission Fee
% Digits only
from (0 to 100)
$%
* Advertising & Marketing Costs
% Digits only
from (0 to 100)
$%
* Property Styling Fee
% Digits only
from (0 to 100)
$%
* Legal Fee's [Out]
% Digits only
from (0 to 100)
$%
* Miscellaneous Selling Costs
% Digits only
from (0 to 100)
$%
 
Total Selling Cost
 
$%
 
Total Cash Needed to Fund the Project
 
$%
 
Total Project Cost (acquisition, renovation, selling)
 
$%
 
Target Sale Price
 
$%
 
Target Profit (before tax)
 
$%
 
Target Profit in % (before tax)
 
$%
 
Property 4
Suburb / Address
 
Suburb Median Price (Based on Dwelling Type & Number of Beds)
 
$%
 
Advertised Price
 
$%
 
Price to Offer to the Vendor
 
$%
Mortgage
% Digits only
$%
Deposit
% Digits only
from (0 to 100)
$%
Other Costs (Stamp Duty, LMI, Legal Fees..)
% Digits only
from (0 to 100)
$%
 
Property Acquisition Cost
 
$%
 
Renovation Costs
* Renovation Cost
% Digits only
from (0 to 100)
$%
* Contingency
% Digits only
from (0 to 100)
$%
 
Total Renovation Cost
 
$%
 
Holding Costs
* Holding Period (Number of Months)
Digits only
 
* Monthly Repayment
% Digits only
from (0 to 100)
$%
* Monthly Council Rate
Digits only
$%
* Monthly Water Rate
Digits only
$%
* Monthly Electricity Rate
Digits only
$%
* Monthly Insurance
Digits only
$%
 
Total Holding Cost
 
$%
 
Selling Costs
* Real Estate Agents Sales Commission Fee
% Digits only
from (0 to 100)
$%
* Advertising & Marketing Costs
% Digits only
from (0 to 100)
$%
* Property Styling Fee
% Digits only
from (0 to 100)
$%
* Legal Fee's [Out]
% Digits only
from (0 to 100)
$%
* Miscellaneous Selling Costs
% Digits only
from (0 to 100)
$%
 
Total Selling Cost
 
$%
 
Total Cash Needed to Fund the Project
 
$%
 
Total Project Cost (acquisition, renovation, selling)
 
$%
 
Target Sale Price
 
$%
 
Target Profit (before tax)
 
$%
 
Target Profit in % (before tax)
 
$%
 
The data and forecast calculations above should be used as a guide only and should not be relied upon when making investment decisions. Please obtain professional advice that is appropriate to your circumstances.