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Updated about 6 years ago on . Most recent reply
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Long Distance BRRR Calc in Maine
*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!
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@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,