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Updated over 4 years ago on .

User Stats

16
Posts
2
Votes
Melissa Bains
2
Votes |
16
Posts

I'm trying to use the BRRRR calculator for a first time deal

Melissa Bains
Posted

I would appreciate your expertise. I have a deal that I'm looking to purchase for $110,000 I estimate I will need 2 months for rehab and refinance after 6 months at 75 % LTV and I believe the ARV will be $145,000 minimum. I figured the interest rate at 4% for 30 year loan once the remodel is complete. I will conservatively rent the home for $1250 a month