Review criteria
- +Itemized rehab budget vs. actual spend
- +Holding-cost and ARV-based profit math
- +Auto margin and ROI on the flip
- +Works in Google Sheets and Excel
House Flip Budget in Real Estate
The House Flip Budget is a copy-ready spreadsheet for real estate that tracks purchase, rehab line items, holding costs, profit. It opens unchanged in both Google Sheets and Excel, needs no add-ons or macros, and takes about 15 minutes to set up.
Last updated: August 2026
Excel workbook · opens in Google Sheets · 3 tabs · no sign-up
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What’s inside “House Flip Budget”
Tabs: How to use · Rehab budget · DealFormat: Excel (.xlsx) · opens in Google SheetsSetup: About 15 minutesColumns: 8
Columns (grey = calculated for you)
- Item
- Category
- Budget
- Actual
- Contractor
- Projected
- Remaining
- % used
- Open the Rehab budget tab and replace the sample rows with your own — one row per entry. Formulas fill in automatically for new rows.
- Budget every rehab item before you buy, then fill in Actual as invoices come in. Projected uses actuals where you have them.
- The Deal tab rolls rehab, holding and selling costs into profit and ROI, and shows the 70% rule maximum offer for comparison. Not investment advice.
- Using Google Sheets? Upload the file to Google Drive, then open it with Google Sheets (or File → Import in an open sheet). Formulas, dropdowns and highlights carry over.
The file opens locally on your device — nothing is uploaded, and you own the copy outright.
House Flip Budget
About this template
It is built for people who want results without another subscription: flippers budgeting a renovation before they buy. The whole template is free to copy — there is no paid tier. Because it is a plain spreadsheet, you own your data outright and can shape every column to how you actually work.
Review evidence
What to verify before choosing House Flip Budget
Use the review criteria below to decide whether this template fits your workflow.
Often worth considering when
- +Flippers budgeting a renovation before they buy
- +Anyone comparing projected vs. actual rehab costs
Pause before choosing when
- -Large-scale developers needing project software
- -Live contractor invoicing
About Real Estate
Why people consider this option
- +Track rental income, expenses, and ROI without paying for property software
- +Keep commission and pipeline numbers in one place you control
- +Hand clean records to your accountant at tax time
What to review before acting
- -No automatic rent collection or bank sync without a tool
- -Large portfolios eventually need dedicated property software
Trust FAQ
Questions people ask before copying a template
Does the House Flip Budget work in both Google Sheets and Excel?
Yes. It is built with standard functions and no macros, so it opens and works the same in Google Sheets or Microsoft Excel — on desktop or your phone.
Is the House Flip Budget really free?
The core template is free to copy and use. There is no paid tier — download the Excel workbook, replace the sample rows with your own, and you are ready to work.
What does the House Flip Budget track?
It tracks purchase, rehab line items, holding costs, profit. The workbook comes with these columns plus the formulas, dropdowns and highlights already set up. Replace the sample rows and the totals update as you go.