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Iowa Seller Net Sheet Calculator

Estimate how much you'll walk away with after selling your Iowa property. A seller net sheet accounts for commissions, closing costs, and mortgage payoff to show your true bottom line.

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Sale Details

Agent Commissions

Total Commissions$11,400

Closing Costs

Total Closing Costs$5,500

Additional Costs

Iowa Market Context

Avg Cap Rate

7%

Median Price

$228K

Property Tax

1.25%

Vacancy Rate

8%

Local Factors

  • -High property taxes offset by very affordable home prices
  • -Severe weather (hail, tornadoes) drives above-average insurance costs
  • -University towns (Iowa City, Ames) provide reliable student rental demand

Estimated Net Proceeds

$74,300

Strong Position
Sale Price$228,000
Mortgage Payoff−$136,800
Total Commissions−$11,400
Closing Costs−$5,500
Cost of Sale7.4% of sale price
NET PROCEEDS$74,300
Net Proceeds$74,300
Mortgage Payoff$136,800
Commissions$11,400
Closing Costs$5,500
Credits & Repairs$0

What does this mean?

Excellent equity position. Your net proceeds represent a significant return on your original investment. Consider a 1031 exchange to defer capital gains if reinvesting in real estate.

What Is a Seller Net Sheet?

A seller net sheet is a detailed estimate of how much money you'll actually receive after all the costs of selling your home are deducted from the sale price.

Common seller costs include: real estate agent commissions (typically 5–6% split between listing and buyer's agents), title insurance, escrow fees, transfer taxes, recording fees, attorney fees, and any repair credits negotiated with the buyer.

Pro tip: After the 2024 NAR settlement, buyer agent commissions are no longer automatically included in the listing agreement. Sellers may negotiate what — if anything — they offer toward the buyer's agent commission.

Don't forget to account for capital gains tax if applicable. If you've lived in the home as your primary residence for at least 2 of the last 5 years, you may exclude up to $250K (single) or $500K (married filing jointly) in gains from federal taxes.