Financial Fields in Pete — How Calculations Work

Expected Revenue — Assignment Fee or Sale Price/ARV based on InvestmentType. This is the revenue field used in profit calculations (Gross Profit and Net Profit).

Gross Revenue — Assignment Fee or Sale Price based on InvestmentType. This is a separate reporting field that shows total revenue received, but is NOT used in profit calculations. The difference: Expected Revenue is used for calculating profits and represents the expected revenue from the deal, while Gross Revenue is a separate metric that tracks actual revenue received (typically Sale Price or Assignment Fee) for reporting purposes.

Estimated Rehab — Total from Rehab Scope section

All In Cost — Sum of all costs. Purchase Price + Assignment Fee (if not Assignment Fee type) + Purchase Costs + Actual Rehab Cost + Agent Fees + Other Costs + Closing Costs + Holding Costs

Gross Profit — Revenue minus purchase costs and rehab. Uses Expected Revenue (or Assignment Fee if Assignment Fee type, or Sale Price if available) as the revenue field.

Net Profit — Revenue minus all costs (including agent fees, closing, holding). Uses Expected Revenue (or Assignment Fee if Assignment Fee type, or Sale Price if available) as the revenue field.

Estimated Profit — This field tracks the expected estimated profit at the time of acquisition (Lead/Purchase phases) vs the final profit. In Lead and Purchase phases, it equals Net Profit and updates dynamically. Once the property moves past Purchase phase, it preserves the Net Profit value from that point to track what profit was expected at acquisition time, separate from the final actual profit.

Max Offer — Calculated based on the property's disposition strategy (For example, Flip, Rental, or Wholesale). There are two formulas, and which one is used depends on the InvestmentType's DealAnalysisType. The formula parameters (percentage and fee) are customizable in company settings or can be set per property.

Pricing: Asking Price, Purchase Price, Offer Amount, Estimated Wholesale Price, Sale Price, ARV, Assignment Fee

Costs: Purchase Costs, Actual Rehab Cost, Agent Fees, Other Costs, Closing Costs, Holding Costs, Monthly Insurance, Property Taxes

Rental: Current Rent, Market Rent Rate

Mortgage: Estimated Mortgage Balance, Estimated Mortgage Payment

Equity: Equity, Equity Percent, Estimated Equity

Fields automatically populated by Pete: The following financial fields are automatically populated by Pete when property data is fetched:

Note: Fields like Assignment Fee, Offer Amount, Purchase Price, Sale Price, and other transaction-specific fields are NOT set from ReApi and must be entered manually.

Override mechanism: To manually override any overrideable calculated field, enter a value directly. The system preserves your manual value and stops auto-calculating that field. To return to the calculated value, clear the field (set it to blank) and save. Pete will then automatically recalculate the field based on the current values of related fields.