Calculate reo (real estate owned) for real estate investments and properties
Enter purchase price of bank-owned property, estimated repairs, holding costs, and ARV. The calculator shows profit potential on REO purchase.
Buy REO for $175,000, invest $35,000 repairs, $8,000 holding costs, sell for $275,000 = $57,000 profit after $10,000 closing costs.
Real Estate Owned by bank after foreclosure. Often priced below market but may need repairs. Banks motivated to sell but want all-cash or fast closings.
Yes, if property is habitable. May need renovation loan if significant repairs required. FHA 203k and conventional renovation loans available.
Can be, but competition is high. Factor in all repairs, holding costs, and comparable sales. Not all REOs are bargains - some priced at or above market.