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Updated 4 months ago on . Most recent reply

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Jordan Fujan
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BRRR Spreadsheet proof read

Jordan Fujan
Posted

I'm going out on a limb here. I created a detailed BRRR excel spreadsheet to analyze deals. I know that there are many others out there already such as the BP calc, but i decided to create my own to make sure that i truly understand the numbers. Is there an experienced investor that is proficient in excel that would be willing quickly proof read it for me if i were to send it to you? Would be much appreciated.

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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,819
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4,141
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

The spreadsheets look pretty nice. Everyone will have opinions of what should and shouldn't be included. Looks better than my spreadsheets. 

From a 10,000ft view (if it was a real investment property) $29k profit (24% ROI) over 5 years is pretty slim. I'd remodel and sell this property as a flip and net 15-25% ROI today, rather than wait 5 years to make a little more. The numbers provided are cash-flow negative so that doesn't help. This example made money because it's a great deal at $140k... but everything else is appreciation. That's just something to keep in mind. Best of luck man.

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