[Calc Review] Help me analyze this deal (Another Indy fix upper)

[Jason Howell]

Back again in my pursuit of learning how to analyze deals in Indianapolis. This one, upon first blush, really seemed to fall in line with the idea of BRRRR. The neighborhood *seems* great actually, prices in the area are much higher than this... This is also a 2BR with an attic with enough clearance to possibly convert to a 3BR, bringing the home value up once it's rehabbed. Posted for sale at $85k. I'm running numbers on a $65k offer (no clue whether they would even take it, but again, this is for my education more than anything). As you can see, once I run the numbers on this, I get an "Inf%" in ROI during the refinance phase, no clue why.

My initial reaction was that this would fit the BRRRR model, but now I'm not so sure. What do you think?

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*This link comes directly from our calculators, based on information input by the member who posted.