BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago,
Deal or no deal? Numbers included
Would you do this deal???
Purchase $200.000
Down money $50,000
Loan $150,000 conventional @3.8%(30yr)
Closing costs $14000
Rehab $60,000
All in 274,000
ARV 280-300
Rents 3000-3400/month
PITI- 1360
Repairs - 150
Capex 150
Vacancy 300
CF 1040-1440/month