House Flipping Calculator for New York, NY

Worked example: the 80% rule in New York

With a median home price around $760,000 in New York, a flipper using a 80% of ARV rule would target a maximum offer near $516,800 on a property worth $760,000 after repairs with roughly $91,200 of rehab. The classic 70% rule is too conservative here — at a $760,000 ARV, a flat 70% would price you out of nearly every deal. Fixed transaction costs are a smaller share of a high ARV and competition compresses margins, so New York flippers underwrite closer to 80%.

These are illustrative figures. Run the actual numbers — comps, true rehab scope, holding costs, financing — in the FlipOS deal analyzer for an accurate MAO.

A more accurate MAO: work backward from your costs

The percentage rule is just a shortcut for the real formula — subtract every cost and your target profit from the ARV:

MAO = ARV − rehab − closing − holding − selling − target profit

Notice this lands on the same $516,800 as the 80% rule above — the rule just bakes these costs into one number. The trade-off it hides: a higher ARV percentage means a thinner profit margin (9% here), which is exactly why competitive markets like New York accept tighter spreads. Always confirm rehab, holding, and selling costs for the specific deal.

What flippers should know about New York

Outer-borough and metro flips can be lucrative, but high prices, transfer taxes, and strict permitting make this a market for experienced operators. As with any market, the headline median price masks wide variation block-to-block. Pull comps inside a one-mile radius (or tighter in urban submarkets), and confirm rehab costs with at least two local contractors before committing.

Other markets

• Flip calculator — Dallas, TX
• Flip calculator — Phoenix, AZ
• Flip calculator — Atlanta, GA
• Flip calculator — Tampa, FL
• Flip calculator — Charlotte, NC
• Flip calculator — Memphis, TN
• Flip calculator — Cleveland, OH
• Flip calculator — Kansas City, MO