BRRR Calculator Question regarding acquisition cost

[George Smith]

Good evening,

Ive got a quick question regarding the acquisition cost section of the BRRR calculator.

Purch Price 75,000

DP 10,000

Loan Amt 65,000

Loans/Points 0

Loan Int Rate 8%

Monthly Int. 433.33

Total Cash needed at purchase 26,000??????

If Im getting a private money loan at 8% and 6 months of payments at 433 = 2,598. This will be paid back at the refi.

The only cash im coming out of pocket for was the 10,000 down payment. 

What did I miss that triggered this 26,000 #? Its got to be right in front of my face..lol.