Base case
Set the purchase, renovation budget, holding period, and exit assumptions.
Renovation and Resale
Launch FeatureKeep the purchase, work, hold, and exit in view.
The question
What if the work costs more and the sale comes later?
Review the inputs behind the decision
Use the connected modules to organize the assumptions relevant to this question. Review their source and timing as you compare approaches.
Planning guide with no project data or calculated financial results.
Acquisition
- Purchase price
- Closing costs
Construction costs
- Renovation scope
- Contractor budget
Debt
- Loan terms
- Interest assumptions
Exit
- Sale assumptions
- Exit timing
Compare the approaches
Define the assumptions for each approach before comparing the effects on the project.
Cost-and-timing downside
Increase the renovation budget and extend the hold before reviewing the exit.