[Calc Review] Help me analyze this deal

[Kevin Scott]

If anyone can help me out with this one I would appreciate it. This is a 99,000 duplex; 1 bed/ 1 bath upstairs and 1 bed/ 1 bath downstairs. There was water damage from a pipe burst and some of the drywall and flooring has been removed by what the seller is calling a "professional company paid for by the insurance company". I wouldn't pay 99K as the house was assessed in 2017 for 73K but now needs would I estimate at roughly 20K worth of repairs. But, no matter how low I put the purchase price of the house in this report I still end up upside down with expenses. Rents around this area for a remodeled place would be around $700/ month. I couldn't buy the house for 20K but even at the purchase price worked into the BRRRR spreadsheet I still wouldn't make $100/door. Any help would be appreciated, I have a feeling I'm doing something wrong in the refi area.

thanks, Kevin

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