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Updated almost 6 years ago on . Most recent reply

User Stats

16
Posts
12
Votes
Murray Smith
  • Specialist
  • Oconomowoc, WI
12
Votes |
16
Posts

[Calc Review] Help me analyze this deal 1st potential BRRRR!

Murray Smith
  • Specialist
  • Oconomowoc, WI
Posted

View report

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

Looking at my first property to BRRRR! I'd appreciate any feedback. Especially % on management, CapEX, and maintenance.

Most Popular Reply

User Stats

115
Posts
98
Votes
Henry Kaldenbaugh
  • Verde Valley Arizona USA
98
Votes |
115
Posts
Henry Kaldenbaugh
  • Verde Valley Arizona USA
Replied

@Murray Smith: Not enough information in your calculator.  You need to drill down on the costs of the Refurb.  @Michael Noto is right about the CapEx and I agree with @Jason Medhurst on the numbers. If you can do the work yourself this can work. I see you're an architect so you should know your way around local construction.

Your lender might want to see six months of seasoning before committing to a loan on a Brrrr.

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