How is "Total Profit if Sold" calculated

[Daniel Frye]

Hey guys,

Forgive me if I am overlooking something simple here, but my question is about the profit calculation that is a part of the BRRRR calculator. I understand the Property Value, Equity, and Loan Balance figures and how they are arrived at. I am having trouble figuring out how the total profit is calculated.

Would someone be so kind as to explain this to me?

Cheers!

P.S. The reason I am wondering this is because I am trying to figure out how to account for my profit after a second loan is paid back.  I am using a part of a credit line in order to make up the difference between my cash outlay and my refinance loan.  I will be paying 1.5% for that money.  That second loan will be interest only for the duration of my holding period, to be paid back in full upon disposition.

[Scott Trench]

Hi Daniel - Can you please email me at [email protected]? I can help you through this! Please include some screenshots of the report, along with the input pages, if possible.

Thanks!