Compares renovation spend against the expected uplift in value.
A worked example
Starting figures
- Renovation cost
- $32,000
- Value added
- $48,000
What it returns
- ROI
- 50.0%
- Net gain
- $16,000
- Value added per $1
- $1.5
How to read the results
Uplift is a percentage of current value; return is uplift less cost over cost.
With the defaults above, roi works out at 50.0%.