Free Short Sale Offer Calculator

With that being said, let me explain how this calculator works:

Assuming you the short sale investor are going to wholesale the shorted property, you need to enter the profit you want to make in the Wholesale Profit box.

As the investor you will need to supply some “best guess” numbers for your rehabber, which include Repair Costs, Rehabber Profit, Loan to Value (LTV), Points (cost of hard money), Holding Time, and Interest.

You should also provide the After Repaired Value (ARV) of the property.

With all the input boxes filled, you can press the “Get Short Sale Offers” button.

The Maximum Offer P&L column will show the investment costs and most importantly, the Rehabber out-of-pocket number. If this number is too high, you may have a difficult time selling the property. Talk with rehabbers and get to know their numbers: loan, profit, out-of-pocket max, etc… this information will help you acquire only the properties you know you can sell.

The last column displays three short sale offers you can make to the bank in order from lowest to highest. Once again, you can start lower or make more than three offers, this is just a tool to help guide.