Total Cash Invested on BRRRR Report

[Alex Smith]

Hi BP!

I'm trying to wrap my head around the Total Cash Invested value on the BRRRR Report. I ran a report with sample inputs and I don't see how the numbers add up.

My Refi amount is $105,000 and I've calculated my All-In Cost based on the sample data below to be:

$100,000 Purchase Price

$10,000 Estimated Repairs

$5,000 Closing Costs

$1,600 Points

$2,000 Refi Fees

$4,651.45 Holding Costs

 = $123,251.45 

To my understanding, my Total Cash Invested would be: 

$123,251.45 - $105,000 = $18,251.45

However, the BRRRR Report figure in the image below is $12,280.34

What am I misunderstanding or missing?

[David D'Errico]

looks its just the difference between the total cash needed from the initial purchase and Refi .......all the  initial cash needed was not covered with the Refi...... the Out of pocket expenses after all financing........

i can't get the  numbers to come out exact because i dont know which fee may have been rolled in to either of there loans

but essentially refi of 105-80 (orig. loan)= 25 in the plus 

but initial out of pocket was 36k so 36-25 = 11k left of unpaid initial out of pocket expense plus or minus some closing cost and fees ....also  i think the holding costs may be throwing the numbers off