मरम्मत-पश्चात मूल्य (ARV) कैलकुलेटरसूत्र

## Understanding After-Repair Value

ARV is the estimated market value of a property after all planned renovations and repairs are completed. It is a cornerstone metric for house flippers and BRRRR investors.

### Formula

**ARV = Average Comparable Price Per Sq Ft x Property Sq Ft x (1 + Condition Adjustment)**

### How to Find Comparables

- Look at recently sold properties within 0.5 miles
- Match bed/bath count, square footage within 20%, similar age
- Use only sales from the last 3-6 months
- Adjust for differences in condition, lot size, and features

### The 70% Rule

Many investors follow the 70% rule: **Maximum Purchase Price = ARV x 70% - Rehab Cost**. This leaves a margin for profit and unexpected costs.

हल किया गया उदाहरण

A 1,800 sq ft property with comps averaging $175/sq ft, a 5% positive condition adjustment, $200,000 purchase, and $45,000 rehab budget.

  1. Base comp value: $175 x 1,800 = $315,000
  2. Condition adjustment: $315,000 x 1.05 = $330,750
  3. Estimated ARV: $330,750
  4. Total investment: $200,000 + $45,000 = $245,000
  5. Potential equity: $330,750 - $245,000 = $85,750
  6. Investment-to-ARV ratio: $245,000 / $330,750 = 74.1%