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Free Investor Tool

The 70% Rule
Calculator

Work backwards from your target sale price to know exactly what to pay — whether you're flipping for profit or holding for rental income.

How it works

Working Backwards from ARV

The 70% Rule is the investor's shorthand for making sure you never overpay. Here's the formula broken down step by step.

Step 1

$1,000,000

ARV
After Repair Value

× 70%

Step 2

$700,000

70% Threshold
Your ceiling before rehab

− Rehab

Step 3 — Max Offer

$500,000

Maximum Purchase Price
After $200K rehab deducted

Why 30%? That remaining 30% ($300,000 in this example) isn't profit — it's a buffer. It covers holding costs, closing costs on both sides, agent commissions, financing interest, unexpected overruns, and your actual profit margin. The rule keeps you protected from the unexpected.

Interactive Calculator

Run Your Numbers

Adjust the sliders to match your deal. The calculator instantly shows whether flipping or renting makes more sense.

Deal Inputs

Slide to match your property's numbers

After Repair Value (ARV)$1,000,000
Rehab / Renovation Cost$200,000
Monthly Rent (if held)$4,500/mo
Interest Rate7.00%
Down Payment20%
Vacancy Rate5%

70% Rule Output

70% Threshold$700,000
Max Purchase Price$500,000
ARV (Target Sale Price)$1,000,000
× 70% Rule Threshold$700,000
− Rehab Costs−$200,000
Max Purchase Price$500,000
Selling Costs (~8% of ARV)−$80,000
Total Invested$700,000
Estimated Net Profit$220,000

ROI on invested

31.4%

Return on capital

Gross equity spread

50.0%

Built-in cushion

GOStrong flip candidate. Max offer is $500,000 with an estimated $220,000 net profit — a 31.4% return on your invested capital.

Strategy Breakdown

Flip vs. Rental —
Which Is Right for You?

Both strategies use the same 70% Rule to protect your buy price. The difference is how and when you collect your profit.

Factor
Fix & Flip
Buy & Hold
When you get paid
At closing (lump sum)
Monthly (ongoing)
Risk exposure
Short-term market risk
Spread over years
Tax treatment
Ordinary income (short-term)
Capital gains + depreciation
Capital tied up
6–12 months only
Long-term (years)
Wealth building
Single transaction profit
Equity + appreciation + cash flow
Management effort
Done when it sells
Ongoing landlord duties
Best market for it
Rising prices, fast sales
High demand rentals, low vacancy

Know the language

Investor Terms,
Simply Explained

Every number in this calculator means something. Here's what each one is telling you about your deal.

ARV

After Repair Value

The estimated market value of the property after all renovations are complete. This is the number everything else is calculated from — it's what the property will sell or appraise for once it's fixed up.

"If comps in the area are selling at $1M after renovation, your ARV is $1M."

70%

The 70% Rule

An investor's rule of thumb: never pay more than 70% of the ARV minus rehab costs. That 30% buffer covers your holding costs, closing costs, commissions, and profit margin. It's a protection formula, not a profit formula.

"ARV $1M × 70% = $700K − $200K rehab = $500K max offer."

NOI

Net Operating Income

Your annual rental income minus operating expenses (vacancy, taxes, insurance, maintenance) — but before mortgage payments. NOI measures how much income the property itself generates, independent of how you financed it.

"$54K gross rent − $9K expenses = $45K NOI."

Cap Rate

Capitalization Rate

NOI divided by the property's value, expressed as a percentage. It tells you the return you'd earn if you paid all cash — a pure measure of the property's income potential, ignoring financing. Higher cap rate = better income relative to price.

"$45K NOI ÷ $1M value = 4.5% cap rate. Target 5–8% for most markets."

CoC

Cash-on-Cash Return

Your annual cash flow divided by the cash you actually put in (your down payment + closing costs). This is the most practical return metric for leveraged investors — it measures what your real dollars are earning each year.

"$7,700 annual cash flow ÷ $100K down = 7.7% cash-on-cash return."

1% Rule

Monthly Rent Threshold

A quick screening rule: monthly rent should equal at least 1% of the purchase price. It's a fast filter, not a guarantee. In high-value markets, hitting 1% is rare — but getting close tells you cash flow is in the right ballpark.

"$500K purchase × 1% = $5,000/mo rent needed to pass the rule."

P&I

Principal & Interest

The two components of your monthly mortgage payment. Principal reduces your loan balance (builds equity). Interest is the cost of borrowing. Together they're the largest expense for most rental investors.

"On a $400K loan at 7%, your P&I is roughly $2,660/mo."

ROI

Return on Investment

Net profit divided by total capital invested, as a percentage. For a flip, it measures your gain relative to everything you spent — purchase price, rehab, carrying costs, and closing costs. The higher the better.

"$220K profit ÷ $780K invested = 28.2% ROI on the flip."

Vacancy

Vacancy Rate

The percentage of time your unit sits empty between tenants. Even a well-managed rental will have occasional gaps. A 5% vacancy assumption means budgeting for roughly 18 days of lost rent per year. Smart investors always factor this in.

"5% vacancy on $4,500/mo rent = $225/mo buffer for empty periods."

Ready to Run a Real Deal?

Numbers look right?
Let's talk about the property.

I've been on both sides of these deals — as an operator and as an agent. If you've got a property in Northern NJ that pencils out, I want to hear about it.

Disclaimer: This calculator is for educational and estimation purposes only. All figures are projections based on the inputs provided. Consult a licensed real estate professional, financial advisor, or tax attorney before making any investment decisions. Market conditions, actual rehab costs, and rental income can vary significantly.

Built for real estate investors who run their numbers before they run their mouth.

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