Fix and flip calculator — Texas
Texas remains one of the busiest states for buy-and-hold and value-add strategies. Default rent inputs reflect Texas-typical rents from HUD Fair Market data—always verify taxes, insurance, and rents for your specific submarket. Same math as the national Fix and flip calculator; numbers are educational—not lender instructions.
Calculator
Fix and flip
Purchase, rehab, hold with IO financing, then sell at ARV. See profit and return on cash invested.
Net profit $40,800 · Cash in $78,400
Net profit
$40,800
ROI
52.0%
Ann. ROI
131.2%
Hold (mo)
6
Fix-and-flip calculator
Interest-only loan during hold; sale at ARV net of selling costs; loan payoff equals initial loan. Illustrative only—add reserves, taxes, and contingencies in real underwriting.
Results
Net profit
$40,800
Total ROI
52.0%
Annualized ROI
131.2%
Cash-on-cash (total)
52.0%
Cash in $78,400 · Hold 6 mo · Selling costs $20,800 · Net sale before payoff $239,200
Frequently asked questions
- How do you calculate fix and flip profit?
- Net profit is sale proceeds after selling costs and loan payoff, minus cash invested (down payment, rehab, interest-only payments during hold, and monthly carrying costs).
- What is a good ROI for house flipping?
- Targets vary by market and risk. Many investors compare return on cash to alternative uses of capital and minimum hurdle rates after accounting for taxes and contingencies.
- Do Texas property taxes affect cash flow in this calculator?
- Yes—and they matter. Texas has no state income tax but property taxes are among the highest in the country. Default inputs start with HUD-based rent estimates; enter your expected annual property tax and insurance load in the expenses field to model real cash flow.
Real estate investing in Texas
Real estate investing in Texas
Property tax rates and insurance costs vary widely by county and carrier. Investors often underwrite with conservative rent growth and exit assumptions. Pair these estimates with local rent comps and lender guidelines before you offer.
- Typical 2BR rent
- ~$1,350/mo
- Effective property tax
- ~1.68% of home value
- State income tax
- No state income tax
Rent: HUD FMR 2025 · Property tax: Tax Foundation 2022 · Adjust all calculator inputs to match your specific deal.
Other calculators for Texas: BRRRR Calculator · STR vs LTR Calculator. All calculators · Investment property calculator