House Flipping School Repair Estimate Sheet

Street Address:______Date:___/____/_____ Inspected By:______

City:______( ) Vacant ( ) Single Family ( ) Multi Family # units ___ Broker :______

#: Beds______Baths_____ Sq. Ft.______Year Built:______Purchase Price $______Total w/ repairs $______

Comments:______

Inspection Checklist / Yes / No / ? / Repair Cost Calculations / Repair Cost
1. Need a roof? / (Single): $ 5-7,000
$250 - $350 per square (100sf)
2. Exterior Paint / Siding? / Paint: Sing. Fam. 1500 sq ft: $2,500
Siding (Single 1500 sq.ft.): $6,000
3. Need Windows?
4. Need Exterior doors? / # of Window x $300.00 - Bay Window: $1100
#of doors x$300
5. Garage Need Repair? / 1 Garage Door: $500 w/o motor-$800 w/motor
6. Yard cleaned or landscaped?
Fence needs repair/replace?
Driveway repair /replace? / Clean Yard : $250-$500 Landscape : $500-$2500
Fence replace $100 8’ section
Driveway $3 sf asphalt - $2 sf stone
7. Heating or furnaces need replacing? / Replace 1 Furnace: $ 3000.00, Boiler; $ 4,000.00
Replace 1 Hot Water Heater: $ 800
Install 1 Zone Baseboard Heater w/boiler: $8,000
8. Plumbing need repair? / Plumbing: $ 2,500 per floor (new bathroom & kitchen fixtures included)
9. Electrical Need Repair?
Replace lighting, fans? / 1 New Panel: $700-1000
1 New Service, Panel, Rewire House: $3,000-5,000
10. Foundation need repair?
11. Basement need repair?
12. Framing need repair?
13. Interior trim, doors, closet shelving? / Reframe 1 Support Beam: $300
Seal Basement: $ 250 Pour Concrete Floor: $800(5yrds)
Replace Stairwell: $1000 Jack 1 Support Beam: $200
14. Need interior paint? / Interior Paint: $1.5- 2 a sq. ft. as a general rule
Single Family: 1500 sq. ft $2500 3 Family 3000 sq ft: $4,500
15. Replace flooring?
Tile, laminate, carpet, hardwood / Tile flooring $6 sf – laminate $3 sf – carpet $2-3 sf
Hardwood $5 sf – HW sand & finish $1.50 sf
16. Kitchen needs repair/replace? / Single Family Rental: $2,000
Single Family Nice: $4,000
17. Kitchens need appliances? / 1 Stove: $600 1 Refrigerator: $900
1 Overhead Microwave: $300 1 Dishwasher: $350
Over Range Hood: $120.00
18. Bath need repair? / 1 Unit Redone Completely Full Bath: $ 3,000 Half Bath: $ 1,400
1 Unit Change Fixtures Only Full Bath: $ 1,000 Half Bath: $ 350
19. Sheetrock damaged or need replacing? / General Rule: $.90 a sq. ft blue board & plaster
Single Family Patch: $500-1000
20. Demolition & Dumpsters?
21. Repair or Replace Decks?
22. Repair or Replace Septic?
23. Insulation / Dumpsters: $500 per dumpster
Decks: 10x10 = $2,000, 15x15= $3,000
3 Family w/ fire escape: $5,000
Replace septic: $5,000 - $20,000
Replace Insulation - $.35-.65 sf
24. Miscellaneous / Repair Cost x .12%
Comments:______
______/ Total Repair Cost:

After Repair Value $______Asking Price $______

ARV x 70% $______Comp 1 Address:______Price:$______A / D / S

(Subtract Repairs) $______Comp 2 Address:______Price:$______A / D / S

MAO $______Comp 3 Address:______Price:$______A / D / S

Heating System: Boiler / Furnace Water/Sewer: City Septic / Well

Heating Fuel: Oil / Gas In Ground Oil Tank: Y / N

Hot Water Fuel: Gas / Electricity / Oil