BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
BRRRR: How to Calculate Total Cash Invested?
Hello BP Community!
I'm working through some BRRRR scenarios on the BP calculator and I'm having trouble figuring out how the "Total Cash Invested" is calculated. I tried to duplicate the number on a spreadsheet and can't come up with the exact number. The total cash invested in this example ends up being $2532.70. Here's the formula I'm using to try to duplicate that number:
Purchase Price + Rehab + Rehab holding costs - Rent period cashflow - rent period loan paydown - refinance loan amount = total cash invested.
$100,000 + $25,000 + $2,392.70 - $2,377.56 - $586.14 - $121,500 = $2,929.00
I come up with $2929.00 when I use this formula, which is close but not exact. Is there another metric I'm not including or a metric that I shouldn't include? Any help or input is appreciated!!!