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The example house

A filled-in flip you can open, poke at, and remove, and the house every page of this guide uses.

Where it is
Portfolio › Explore an example house
Who can use it
Owners and admins

1418 Maple Avenue is a made-up three-bedroom in Ashland, VA. It isn't a real house or anyone's real numbers. The app builds it in your workspace so you can see every screen with something on it, and this guide follows the same house so the figures you read here match the ones you'll find there.

Example

1418 Maple Avenue

Ashland, VA · Fix and flip · Rehab

Budget

$73,260.00

Spent

$24,437.40

Remaining

$48,822.60

Projected Profit

$21,093.35

The example house's numbers, six weeks into the rehab.

Open it

On Portfolio, choose Explore an example house. It takes a few seconds to build. Afterwards the Get set up checklist has an Open the example link.

What's in it

PartWhat you'll find
The dealBought for $160,000 with an ARV of $289,000 and a target profit of $20,000. Three comps.
BudgetFifteen lines totalling $66,600, plus a 10% contingency. $73,260 in all.
ExpensesTen of them, $24,437.40 spent. Trash-out/Demo is $250 over.
BoardEight tasks: two done, two in progress, one blocked on an inspection, three to come.
FinancingA $196,000 hard money loan with one draw funded and one requested.
UpdatesTwo short progress notes.

The people in this guide

The guide adds a cast so the steps read like a real job. They are invented too, and they aren't in the example house in the app.

  • Dana Whitfield, the owner, who runs her own rehabs.
  • Marcus Bell, her partner, an admin.
  • Luis Ortega, her crew lead, a team member on this house.
  • Tom Sayers of Sayers Electric, a contractor with a login.
  • Jordan Ellis, a tenant, for the pages about rentals.

Change anything

Every page of the example carries a yellow banner: “Example house. Change anything; it isn't counted in your setup.” Add an expense, move a task, approve a change order. It doesn't tick off your setup checklist, appear on the 1099 report, or show up in calendar sync.

Remove it

Choose Remove example in the yellow banner and confirm. It and everything on it are deleted. Your own houses aren't touched. You can build it again whenever you like.

Can’t find it, or something here is wrong? Email [email protected]. A founder reads every message.