Leave 66k in or sale for 107k

[Conte Cuttino]

Hello guys

Reno got costly on this last BRRRR deal. I'm a Buy And Hold type of guy but the sale is calling me after running the numbers. FYI: If I keep I will be sidelined for 8-12 months until I can buy another deal. Selling I save 30k on the Reno budget resting in a 107k sale.

What you guys think Keep a fully renovate home for 66k in a C+/B- area or sell for 107k for the next deal?

KEEP

- Cash Flow: $664

- CoC Return: 12%

- Equity: $175k

- Total Left In Deal: 66k

SALE

107k profit

https://www.biggerpockets.com/brrrr-calc/1809608.pdf?c=17117...

[Jason Wray]

Conte,

If your not happy with the current cash flow and want to avoid the 12 month delay sell now and 1031 into 1-2 more REI's. Waiting does not earn money, time is a valuable commodity.