Fix & Flip Calculator — Houston, TX
Pre-filled with 2026 Houston numbers so you're underwriting to the local market, not to national averages.
- Median ARV
- $375,000
- Median purchase
- $285,000
- Avg rehab
- $42,000
- Days on market
- 26 days
- Property tax
- 2.2%
- Insurance / yr
- $2,400
- Hard money rate
- 11.75%
- Typical hold
- 5–6 months
Deal inputs
Adjust anything — results update instantly.
The deal
Financing
Holding costs (monthly)
Transaction costs
Projected net profit
-$17,251
ROI (cash)
-25.4%
Annualized
-50.8%
70% Rule check
FailsMax allowable offer at 70% of ARV minus rehab:
$220,500
You're $64,500 over the rule.
75%
$239,250
70%
$220,500
80%
$258,000
Cost breakdown
- Purchase price
- $285,000
- Rehab budget
- $42,000
- Interest
- $17,290
- Loan points
- $5,886
- Property tax
- $4,125
- Insurance
- $1,200
- Utilities
- $1,050
- Purchase closing
- $5,700
- Selling costs
- $30,000
- Total project cost
- $392,251
- Cash in deal (down + rehab out-of-pocket)
- $32,700
- Break-even sale price
- $392,251
What's different about flipping in Houston
Texas has no state income tax but the highest effective property taxes in the country — a 6-month hold on a $300k flip is $3,300 in taxes alone.