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Updated almost 4 years ago on . Most recent reply

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Alex Goon
0
Votes |
10
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[Calc Review] Help me analyze this deal

Alex Goon
Posted

View report

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

Hey, it's my first time using the BRRRR calculator and how don't know why I can't get any of my scenarios to cashflow without basically doubling the rent. Any glaring problems you any of y'all see?

Thanks for your time!

Most Popular Reply

User Stats

104
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70
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Joseph A Gonzales
  • Lender
  • Denver, CO
70
Votes |
104
Posts
Joseph A Gonzales
  • Lender
  • Denver, CO
Replied

Because you are saying rent is $1,300 and your total monthly expenses after Post-Refinance is $2,345.55. You are in the negatives. Your P&I is $1,328.05 and rent is only $1,300.00 No way this deal will ever work unless you raise the rent! 

  • Joseph A Gonzales
  • [email protected]
  • 7542016253
  • Loading replies...