BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
Need assistance analyzing BRRRR calculator results
I'm currently looking to complete my first BRRRR deal and I'm running numbers of potential properties on the BRRRR calculator. What I'm not understanding is how to realize when the deal is no good and how to tweak the numbers so that I can make an offer on the property that would make it a good deal. I have added 3 screenshots of the results from the calculator (1st one is the rehab period, 2nd initial rental period and 3rd refinance). Obviously this looks like a terrible deal, but what can I tweak to make this deal worthwhile? Thanks