Appraisal came in very low! Seeking advice

[Brynt Rushing]

I purchased 2 duplexes outright in a class B- area. I purchased them for $63k and $43k. I have put $40k in renovations to both of them (they flooded and needed extensive repairs). I raised the rents to $850 and $900 at one duplex and $750 and $1000 at the other. My bank just did the appraisal so I can pull my money out and it came back at $88k and $85k. Everyone I've spoken to about this including other investors and real estate agents think this is insane. The realtor told me she would list both of them at $130k each and expect them to sell soon. My lender said the appraiser used a market analyzer of 52. I'm wondering if this also seems quite low to anybody based on the income. They each bring in $17500 per year after taxes and insurance. I called my lender and expressed my concern to which she said she would ask the senior loan originator. This will result in me only being able to pull $140k out instead of $200k. I feel like I made a solid investment based on the cash flow but how can I use the BRRRR method if my appraisals are coming in so low in comparison with the cash flow? Thanks for the help!