BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 12 months ago,
Need a fact check BRRRR
Can someone run the numbers to ensure I am correct. This is my first BRRRR and I do not want to miss anything.
Purchase price $25K Cash
Rehab $80k
ARV $130K
80% refi $104K which leave $1k in the deal (I am ok with that)
Rent $1200
Taxes and Insurance $150
Repairs/maintenance $36
Vacancy $36
Capex $60
Property Management $120
Cash Flow $70
Please advise if you would do this or not and if you would change anything.
Thanks in advance!