Key things to know
- Rental and Flip are separate analyses: each mode remembers its own targets, forecast, and inputs.
- Max Offer (Target) flips the question around: instead of returns at a price, it solves the most you can pay for the return you want. Financing never affects that price.
- Rent sources: Current (actual rent), Est. (market estimate), Section 8 (HUD rent for the area), and What if (your number). Entering a Current Rent auto-selects Current.
- In Flip mode the rent source is grayed out - rent plays no role in flip math.
1
Open the calculator
In the property’s Financial Analysis, click the Deal Calculator card. The card
shows a snapshot of the current analysis; the modal opens the full editor.
2
Pick a mode
Toggle Rental / Flip in the header. KPI cards, panels, and targets all switch with
the mode, and each mode keeps its own values. Admins can click the pin next to the toggle
to make the selected mode the organization default for new analyses.
3
Choose the price basis
Use the segmented control to pick List, What if, or Offer, or click Max Offer
(Target) in its own panel to the right. The selected price flows into every cost,
financing, and return calculation. Admins can click the pin on the Price Basis card to lock
that choice as the organization default.
4
Set ARV and rent sources
For flips and sale scenarios pick the ARV source; for rentals pick the Rent Source.
Both update the outputs immediately.
Pinning organization defaults
Next to the Rental / Flip toggle and on the Price Basis card, a pin icon lets admins set the organization default without leaving the calculator:- Select the mode or price basis you want.
- Click the pin. A short panel explains what will change.
- Confirm with Pin …. The pin fills when that choice is already the default.
Price basis options
How Max Offer (Target) works
With Max Offer (Target) selected, you enter the return you want and ProPilot solves for the most you can pay:- Flip: set a target ROI percent or toggle to a target Profit in dollars. The solve accounts for rehab, buying costs, holding costs, and selling costs.
- Rental: set a target annual ROI percent (rentals are percent-only). The solve accounts for monthly expenses, rehab, and buying costs, and ignores “Planning to Sell”.
Financing is excluded from every Max Offer solve - loan payments and loan closing costs never
move the price. Each mode’s ROI/profit values (and the percent-or-dollar choice) persist
independently, so your flip settings survive switching to Rental and back.
Admins set the default ROI target values with the gear icon in the Max Offer (Target)
panel.
ARV source
For flips, refinance scenarios, and rentals with “Planning to Sell” enabled, pick where the after-repair value comes from:Rent source
For rentals, pick which rent drives income, cash flow, and percent-based expenses:
Switching sources:
1
Open the Rent Source control
In Rental mode, find Rent Source near the Price Basis and ARV selectors.
2
Pick the source
Click Current, Est., Section 8, or What if. The rent value below the
control updates, and all rental outputs recalculate.
3
For What if, type the rent
Enter a monthly dollar amount; everything recalculates as you type.
- Entering a Current Rent auto-selects Current as the rent source.
- Marking the property vacant switches the source to Est.
- If your saved source has no data on a property (for example no estimate), the calculator falls back to the best available source instead of showing a blank.
About Section 8 rent
Section 8 rent comes from HUD Fair Market Rent data. ProPilot uses the ZIP-level Small Area rent for the property’s ZIP code when available, and falls back to the county or metro-level rent otherwise. The rate is matched to the property’s bedroom count (studio through four bedrooms; larger homes use the four-bedroom rate) for the current HUD fiscal year.Common questions
Why is Offer grayed out?
Why is Offer grayed out?
Add a My Offer amount on the property first. The Offer basis activates once an offer
exists.
Why is Max Offer (Target) blank?
Why is Max Offer (Target) blank?
Set your ROI percent (or profit for flips) and make sure the inputs the solver needs are
valid: ARV for flips, rent and expenses for rentals. The price fills in as soon as the
solve has what it needs.
Why didn't Max Offer (Target) move when I changed my loan?
Why didn't Max Offer (Target) move when I changed my loan?
Max Offer solving intentionally excludes financing, including loan closing costs. Only
property-level inputs (rehab, buying costs, expenses, ARV, rent) move the price.
Why was Section 8 selected by itself?
Why was Section 8 selected by itself?
On some properties the saved rent source is unavailable (for example no rent estimate
exists), so the calculator falls back to the best source with data - which can be Section 8
when HUD rent is the only rent available. Pick a different source to override it.
Why can't I select Current?
Why can't I select Current?
Current requires the property to be marked Occupied with a Current Rent value. Enter
the rent and it auto-selects.
Why is the Rent Source control disabled?
Why is the Rent Source control disabled?
You are in Flip mode. Rent has no effect on flip math, so the control is locked until you
switch to Rental.
Is the Section 8 number a guarantee of what a voucher pays?
Is the Section 8 number a guarantee of what a voucher pays?
No. It is HUD’s published Fair Market Rent for the area and bedroom count - a strong
underwriting reference, but actual approved rents are determined by the local housing
authority for each lease.