My first BRRRR investment

[Dillon Hamman]

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*This link comes directly from our calculators, based on information input by the member who posted.

Hello,

I'm looking to buy my first investment property in Palm Beach County, FL, and have been running a bunch of different properties through the BRRRR calculator and this is the first one that actually had a pretty nice proforma. I'm wondering if my estimates are accurate or not. The seller is asking 399,900 and I'm running the numbers based on a $350,000 (I know it's not likely that the seller will sell under asking but it's worth a shot). I'm planning on a long-term hold for this property. Any and all input is greatly appreciated.