Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

87
Posts
47
Votes
Jodi Gauthier
Agent
Pro Member
  • Real Estate Broker
  • Houston, TX
47
Votes |
87
Posts

BRRRR Calculator Question

Jodi Gauthier
Agent
Pro Member
  • Real Estate Broker
  • Houston, TX
Posted

I am using the BRRRR calculator for the first time and am having some difficulty inputting my numbers and getting accurate figures for a property I rolled repair costs into. I purchased the property for 182k. The bank loaned me 196k (80% of purchase price plus repairs). If I put the actual purchase price in and my down payment then that gives me an inaccurate 1st loan amount in my calculations. Do I put the total repair costs financed + ltv as my purchase price and deduct the repair amount from repairs section (I will still have a figure in the repair box as I went over budget and used some of my own funds). How do I account for the cash I put as down payment without it distorting the loan amount? I'm sure I'm making this way more complicated than it should be and could use some guidance from anyone that has analyzed a deal with rehab costs rolled into the loan.

business profile image
ThisIsLivin Properties LLC
5.0 stars
37 Reviews