How does the Repair Cost Estimator work?

The repair cost estimator is pre-built with typical repair items and national average unit costs.  The calculation is simply the quantity of work * unit costs = total cost of work.  This repair cost information is then fed into the rehab analyzer to determine the maximum purchase price.

Formulas

Labor Totals = Quantity * Labor Unit Costs

Material Totals = Quantity * Labor Unit Costs

Subcontractor Totals = Quantity * Sub Unit Costs

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