Table of Contents

ARV Calculator

I designed this calculator at Cash Out House to help real estate investors, agents, and wholesalers easily calculate the ARV.

The ARV (After Repair Value) Calculator is a powerful tool for both real estate agents and wholesalers, created to help you evaluate property investment opportunities. It allows you to estimate the potential value of a property after necessary repairs or renovations, which is crucial for determining the profitability of a deal.

CLICK HERE TO USE ARV CALCULATOR

How to Use the ARV Calculator 🚀

  1. Step 1: Enter recent sales prices of three similar properties.
  2. Step 2: Review the calculated average value.
  3. Step 3: Enter the discount percentage to determine profit.
  4. Step 4: Enter the estimated repair costs.
  5. Step 5: Click “Calculate Offer Price” to get your offer!

For Real Estate Agents

My ARV Calculator is an invaluable resource for guiding your clients through the process of buying and selling investment properties. It helps you provide an accurate estimate of a property’s value post-repair, giving buyers a clearer picture of what their investment could yield. This helps you establish trust with clients and ensure they are making well-informed decisions, especially in competitive real estate markets.

For Real Estate Wholesalers

The ARV Calculator is essential for identifying profitable opportunities and setting realistic cash offers. By comparing recent sales prices of similar properties, factoring in a discount percentage, and estimating repair costs, you can determine the potential profit margin of a deal. This allows you to make competitive offers while ensuring your investments will be financially rewarding.

Overall, the ARV Calculator simplifies the process of evaluating property deals, providing a clear and transparent way to determine the after-repair value. It is an essential tool for real estate professionals aiming to make informed, profitable decisions and expedite transactions.

How to Use the ARV Calculator: Step-by-Step

  1. Enter Recent Sales Prices: Start by entering the sale prices of three recently sold similar properties. This helps to calculate an average market value for properties in the area.
  2. Review the Average Value: The ARV Calculator will automatically compute the average value of the three properties you entered. This average gives a baseline for determining the potential value of your property after repairs.
  3. Input Discount Percentage: Enter the percentage discount that reflects your expected profit margin or risk factor. This discount percentage helps in determining how much below the average value you should offer to ensure a profitable investment.
  4. Add Estimated Repair Costs: Estimate the total repair costs needed to bring the property to its ideal condition. Enter this value into the repair cost field.
  5. Calculate the Offer Price: Click the “Calculate Offer Price” button. The calculator will then determine the offer price by applying the discount percentage and subtracting the repair costs from the average value.
  6. Review the Offer Price: The calculated offer price will be displayed, providing a clear and concise number that you can use to make an informed decision about your investment opportunity.

By following these steps, you can quickly determine whether a property is a good investment and what offer price will yield the best return.

ARV Sqft Calculator

Welcome to the ARV Sqft Calculator! This tool is specifically designed for real estate wholesalers to help estimate the After Repair Value (ARV) of a property based on comparable sales and specific property details. Follow these straightforward steps to utilize the calculator effectively:

CLICK HERE TO USE ARV Sqft CALCULATOR

  1. Step 1: Enter the Sold House Address
    • Field: Sold House Address
    • Description: Input the full address of the recently sold property that you are using as a comparable (comp) for your analysis.
    • Example: 123 Maple Street, Springfield, IL
  2. Step 2: Input the Sold Price
    • Field: Sold Price
    • Description: Enter the final sale price of the comparable property.
    • Example: $250,000
  3. Step 3: Enter the Sold Property Square Footage (SQFT)
    • Field: Sold Property SQFT
    • Description: Specify the total square footage of the sold property.
    • Example: 2,000 sq ft
  4. Step 4: View Sold Property SQFT Amount
    • Field: Sold Property SQFT Amount (Read-Only)
    • Description: This field automatically calculates the price per square foot based on the sold price and square footage you provided.
    • Calculation: Sold Price Ă· Sold Property SQFT
    • Example: If Sold Price is $250,000 and Sold SQFT is 2,000, the Sold Property SQFT Amount will be $125.00 per sq ft.
  5. Step 5: Enter the Subject Property Address
    • Field: Subject Property Address
    • Description: Input the full address of the property you are evaluating.
    • Example: 456 Oak Avenue, Springfield, IL
  6. Step 6: Input the Subject Property Square Footage (SQFT)
    • Field: Subject Property SQFT
    • Description: Enter the total square footage of your subject property.
    • Example: 1,800 sq ft
  7. Step 7: View ARV (Average)
    • Field: ARV (Average) (Read-Only)
    • Description: This field calculates the estimated After Repair Value based on the sold property's price per square foot and your subject property's square footage.
    • Calculation: Sold Property SQFT Amount Ă— Subject Property SQFT
    • Example: If Sold Property SQFT Amount is $125.00 per sq ft and Subject SQFT is 1,800, the ARV will be $225,000.
  8. Step 8: Enter % Discount
    • Field: % Discount
    • Description: Specify the percentage discount you are applying to the ARV to determine your offer price. For wholesalers, this percentage typically does not go below 65%.
    • Example: 70%
  9. Step 9: Input Repair Costs
    • Field: Repair Costs
    • Description: Enter the estimated total cost of repairs or renovations needed for the subject property.
    • Example: $30,000
  10. Step 10: Calculate Offer Price
    • Button: Calculate Offer Price
    • Description: Click this button to compute your potential offer price based on the ARV, discount percentage, and repair costs.
    • Calculation: (ARV Ă— (Percent / 100)) - Repairs
    • Example: (225,000 Ă— 0.70) - 30,000 = $142,500
  11. Step 11: View Offer Price
    • Field: Offer Price (Read-Only)
    • Description: This field displays the calculated offer price you should consider for the subject property.
    • Example: $142,500
  12. Step 12: Print as PDF
    • Button: Print as PDF
    • Description: Click this button to print the calculator results as a PDF for your records or to share with others.
    • Usage: After calculating your offer price, click the "Print as PDF" button. A printable version of the calculator with your entered data and results will open. Use your browser's print functionality to save or print the document.

Additional Tips

  • Accuracy of Data: Ensure that all entered values, especially the sold price and square footage, are accurate to obtain reliable ARV and offer price estimates.
  • Multiple Comparables: For a more comprehensive analysis, consider using multiple comparables by utilizing the Real Estate Comp Calculator available on our site.
  • Regular Updates: Market conditions can change rapidly. Revisit your calculations periodically to ensure your estimates remain current.
  • Consult Professionals: While the calculator provides valuable estimates, it's advisable to consult with real estate professionals or appraisers for detailed property evaluations.

Example Walkthrough

  • Sold House Address: 123 Maple Street, Springfield, IL
  • Sold Price: $250,000
  • Sold Property SQFT: 2,000 sq ft
  • Sold Property SQFT Amount: Automatically calculated as $125.00 per sq ft
  • Subject Property Address: 456 Oak Avenue, Springfield, IL
  • Subject Property SQFT: 1,800 sq ft
  • ARV (Average): Automatically calculated as $225,000
  • % Discount: 70%
  • Repair Costs: $30,000
  • Calculate Offer Price: Click the button to compute.
  • Offer Price: Displayed as $142,500
  • Print as PDF: Save the results for your records.

Real Estate Comp Calculator

Welcome to the Real Estate Comp Calculator! This tool is designed to help real estate investors estimate the comparative market value of a property based on recent sales of similar properties (comps). Follow these straightforward steps to utilize the calculator effectively:

CLICK HERE TO USE REAL ESTATE COMP CALCULATOR

  1. Step 1: Enter Sold Price 1
    • Field: Sold Price 1
    • Description: Input the final sale price of the first comparable property.
    • Example: $300,000
  2. Step 2: Enter Sold House 1 Link
  3. Step 3: Enter Sold Price 2
    • Field: Sold Price 2
    • Description: Input the final sale price of the second comparable property.
    • Example: $320,000
  4. Step 4: Enter Sold House 2 Link
  5. Step 5: Enter Sold Price 3
    • Field: Sold Price 3
    • Description: Input the final sale price of the third comparable property.
    • Example: $310,000
  6. Step 6: Enter Sold House 3 Link
  7. Step 7: Enter Sold Price 4
    • Field: Sold Price 4
    • Description: Input the final sale price of the fourth comparable property.
    • Example: $305,000
  8. Step 8: Enter Sold House 4 Link
  9. Step 9: View Estimated Comp (Average)
    • Field: Estimated Comp (Average) (Read-Only)
    • Description: This field automatically calculates the average sale price of the entered comparable properties.
    • Calculation: (Sold Price 1 + Sold Price 2 + Sold Price 3 + Sold Price 4) Ă· Number of Valid Entries
    • Example: If Sold Prices are $300,000, $320,000, $310,000, and $305,000, the Estimated Comp (Average) will be $308,750.
  10. Step 10: Calculate Comp
    • Button: Calculate Comp
    • Description: Click this button to compute the average comparative sale price based on the entered data.
    • Usage: After entering all the sold prices and their respective links, click the "Calculate Comp" button. The calculator will process the data and display the average comp price.
  11. Step 11: View Comp Price
    • Field: Comp Price
    • Description: This section displays the calculated average comp price based on your inputs.
    • Example: $308,750
  12. Step 12: Print as PDF
    • Button: Print As PDF
    • Description: Click this button to print the calculator results as a PDF for your records or to share with others.
    • Usage: After calculating the comp price, click the "Print As PDF" button. A printable version of the calculator with your entered data and results will open. Use your browser's print functionality to save or print the document.

Additional Tips

  • Accuracy of Data: Ensure that all entered values, especially the sold prices, are accurate to obtain reliable comp price estimates.
  • Multiple Comparables: Utilizing multiple comparables (up to four) provides a more accurate average comp price.
  • Regular Updates: Market conditions can change rapidly. Revisit your calculations periodically to ensure your estimates remain current.
  • Consult Professionals: While the calculator provides valuable estimates, it's advisable to consult with real estate professionals or appraisers for detailed property evaluations.

Example Walkthrough

By following these instructions, real estate investors can confidently utilize the Real Estate Comp Calculator to make informed investment decisions. If you encounter any issues or have further questions, feel free to reach out to our support team at info@reihow.com or call us at 678-540-4725.

Happy Investing!