[Calc Review] Help me analyze this condo BRRRR

[Drew Clayton]

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

I'm a newbie still getting my head around the calculators, and have some questions to make sure I'm using it right:

• • Is the Amortization period for the initial loan on a BRRRR usually a normal period like 30 years, or do we put in a lower number, since we only hold that loan for like six months? 
  
• • Are the holding costs calculated for you in this calculator, or should I be adding them into the renovation costs?
  
• • If you don't want to take the full 80% of equity out during the refinance, is this minimum you'd refinance for adding up the purchase price + renovation & holding costs?