Help! is this a good deal? My first BRRR

[Emily Wilson Litzinger]

Hi friends,

So I own several rentals and they're all cash flowing nicely. Now I'm ready for my first BRRR. When I started I didn't know about Bigger Pockets but now that I do, I've got myself in knots trying to analyze deals on the calculators. But I'm having an issue with one deal in particular bc it doesn't make the 2% rule and now I'm nervous. Normally, I just multiply my rental income by 12, minus yearly expenses and divide by the total price of the house. Which would put me at 14% and I'm happy with anything over 12%. But like I said, I use the BRRR calculator and now I'm not so sure I know what I'm doing.

The property is 67,500. 

Total budget: 79,550.00. 

ARV: conservatively 105,000.00

Rent: 1275.00 

Is this a good deal?

thanks in advance for taking the time.