Fix & Flip Calculator — Cleveland, OH
Pre-filled with 2026 Cleveland numbers so you're underwriting to the local market, not to national averages.
- Median ARV
- $175,000
- Median purchase
- $115,000
- Avg rehab
- $42,000
- Days on market
- 28 days
- Property tax
- 2.3%
- Insurance / yr
- $1,600
- Hard money rate
- 12%
- Typical hold
- 5–6 months
Deal inputs
Adjust anything — results update instantly.
The deal
Financing
Holding costs (monthly)
Transaction costs
Projected net profit
-$13,467
ROI (cash)
-40.6%
Annualized
-81.2%
70% Rule check
FailsMax allowable offer at 70% of ARV minus rehab:
$80,500
You're $34,500 over the rule.
75%
$89,250
70%
$80,500
80%
$98,000
Cost breakdown
- Purchase price
- $115,000
- Rehab budget
- $42,000
- Interest
- $8,478
- Loan points
- $2,826
- Property tax
- $2,013
- Insurance
- $800
- Utilities
- $1,050
- Purchase closing
- $2,300
- Selling costs
- $14,000
- Total project cost
- $188,467
- Cash in deal (down + rehab out-of-pocket)
- $15,700
- Break-even sale price
- $188,467
What's different about flipping in Cleveland
Cleveland offers some of the lowest entry prices in the country, but high property taxes and older housing stock (pre-1940) mean rehab budgets skew higher.