Why does the price go up in refinance?

[Ryan Taylor]

For example. In the BRRRR calculator a property would be -315 cashflow after refinancing but in the initial rehab part it cashflows up to 12%. So, my question is why does the monthly holding cost go up in refinance?

[Melba Chambers]

@Ryan Taylor If I understand your question correctly, its because you are taking out more money then the original amount. So if your purchase price was $60K and then you refi and now have a loan of 100K that would make the payment more. Hope that makes sense.