Know your net profit before you make an offer. Freddie calculates profit across every exit strategy so you always know your number.
Dan White, 20-year fix-and-flip veteran in Northern Virginia, used FreeDealCalc to analyze a $130,000 wholetail opportunity in under 5 minutes. No spreadsheet. No paid software. Just Freddie.


"I've been flipping houses for 20 years and I built this tool because nothing free was actually good enough. Freddie does what I used to do with spreadsheets — but in seconds, for free, for every investor who needs it."
A buyer who purchases this property as a wholetail deal undertakes all renovation work at their own direction, cost, and risk. The seller makes no representations regarding property condition and all sales are as-is. Buyer is responsible for all due diligence, inspections, and compliance with local codes and regulations.
Net profit equals sale price minus purchase price, minus all rehab costs, minus all holding costs, minus financing costs, minus selling costs (agent commissions, closing costs). Freddie automates this calculation and flags deals where costs are eating too much profit.
For fix and flip, target $30,000 minimum net profit or 15% ROI, whichever is higher. For wholesale, $5,000-$20,000 assignment fees are standard. For rental, target positive cash flow from day one plus long-term equity building.
The biggest profit killers are underestimated rehab costs, higher-than-expected holding costs from delayed sales, financing costs on hard money loans (2-4 points plus 10-14% interest), and agent commissions on both sides of the transaction.
Federal capital gains tax (0%, 15%, or 20% depending on income and hold time), state income tax, and depreciation recapture on rentals all reduce your net profit. Hold over 12 months for long-term capital gains rates. Consult a CPA for your specific situation.
Gross profit is simply sale price minus purchase price. Net profit subtracts all costs — rehab, holding, financing, selling. Always use net profit for deal analysis. Gross profit is misleading and will get you into trouble on thin deals.
Only as accurate as your inputs. The two biggest variables are ARV (what it will actually sell for) and rehab costs (what it will actually cost to fix). Freddie will challenge aggressive assumptions and show you conservative vs optimistic scenarios.
Free forever. No credit card. No spreadsheet. Just Freddie.