Free template
Rehab budget template
The categories and common line items for a house flip, in the order the work usually happens. Download it as a spreadsheet, print it for a walkthrough, or start your budget from it in the app.
Trash-out/Demo
- Dumpster rental
- Interior demolition
- Debris haul-off
Structural
- Foundation repair
- Framing repair
- Subfloor repair
Roofing
- Tear-off and shingles
- Flashing and vents
- Gutters and downspouts
Exterior
- Siding repair
- Exterior paint
- Porch or deck
- Driveway and walkways
Windows/Doors
- Replacement windows
- Exterior doors
- Interior doors and trim
Plumbing
- Supply lines
- Drain lines
- Water heater
- Fixtures and shutoffs
Electrical
- Panel upgrade
- Rewiring
- Fixtures, switches, and outlets
- Smoke and CO detectors
HVAC
- Furnace or air handler
- Condenser
- Ductwork
- Thermostat
Insulation
- Attic insulation
- Wall insulation
Drywall
- Hang
- Tape and finish
- Patch and repair
Paint
- Walls and ceilings
- Trim and doors
Flooring
- LVP or hardwood
- Tile
- Carpet
- Baseboards
Kitchen
- Cabinets
- Countertops
- Sink and faucet
- Backsplash
- Hardware
Baths
- Vanity and top
- Toilet
- Tub or shower and surround
- Tile
- Fixtures and accessories
Appliances
- Range
- Refrigerator
- Dishwasher
- Microwave
Landscaping
- Yard cleanup
- Sod, seed, or mulch
- Tree work
Permits/Fees
- Building permit
- Trade permits
- Inspections
Soft Costs
- Design or drafting
- Final cleaning
- Staging
Other
- Lockbox and signage
- Miscellaneous
Track this budget against what you actually spend.
The app starts from these same categories, totals every receipt against its line, and keeps projected profit up to date. 14 days free. No credit card.
Budgeting a rehab
How much contingency should I add?
Many investors hold back 10% to 15% of the rehab budget for surprises behind the walls, and more on older houses. Keep it as its own line so you can see when you start spending it.
Should holding costs go in the rehab budget?
No. Loan interest, taxes, insurance, and utilities depend on how long you hold the house, not on the scope. Track them separately so the rehab budget only measures the work.
How do I turn this into a scope of work for bids?
Fill in quantities and units for each line you're doing, delete the rest, and send the list to two or three contractors per trade. In Fixer Upper House, the same lines print as a scope of work and track spending against each one as invoices come in.