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Novation Agreement Calculator

Calculate profit from a real estate novation — take over the contract, renovate, sell at higher price, split profit with seller.

📍 Property Address (optional)
✓ Saved
InputsShared
Property Details
Seller's Contract Price?
$
After Repair Value (ARV)
$
Your Repair Cost
$
Novation Split
Seller Gets %?
%
Your Split %?
%
Your Costs
Holding Costs
$
Selling Costs?
$
Pro Forma — Higher ARV
Pro Forma ARV
$
As-IsCurrent
Enter values to see results
Gross Profit
—
ARV − contract − repairs
Your Profit
—
at your split
Seller Gets
—
their split
Your ROI
—
on repair costs
Novation P&L
ARV (sale price)—
- Contract Price—
- Repair Cost—
- Holding Costs—
- Selling Costs—
= Gross Profit—
Seller Portion (40%) —
Your Portion—
Why Novation?
vs Assignment—
vs Subject-To—
Best Use Case—
Pro FormaAfter plan
Enter values to see results
PF Gross Profit
—
PF Your Profit
—
PF Seller Gets
—
PF ROI
—
Pro Forma
Pro Forma ARV—
PF Gross Profit—
Your Profit—
vs As-Is—
Split Sensitivity
At 30/70 split—
At 40/60 split—
At 50/50 split—