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Updated about 6 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
William Wironen
  • Rental Property Investor
  • Omaha, NE
2
Votes |
10
Posts

Long Distance BRRR Calc in Maine

William Wironen
  • Rental Property Investor
  • Omaha, NE
Posted

View report

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

Hey everybody, there's a little bit of SWAG math in the report above but I've got a question I hope some of you may be able to help me with. I'm not really understanding how my cash on cash return could be infinite but I guess I don't have the best understanding of how it's calculated. The information in the report is just to be used for assistance with the explanation.

Thanks in advance!

Most Popular Reply

User Stats

352
Posts
242
Votes
Bob Langworthy
  • Accountant
  • Brunswick, ME
242
Votes |
352
Posts
Bob Langworthy
  • Accountant
  • Brunswick, ME
Replied

@William Wironen. @Eddie Gonnella is correct on the CoC calculation. As a Topsham resident, however, I'd double check the monthly rent figures. If you don't find much online, you may be pulling figures from Brunswick which is a different market. There's a 3 bed/1 bath house in Topsham for rent on Zillow for $1600. That would make your numbers very skinny.

Hope this helps,

  • Bob Langworthy
  • Loading replies...