[Calc Review] Help me analyze this deal

[Harold Rutila]

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Hello BP Community,

I am looking at a single-family home in Detroit which I believe may be a worthwhile BRRRR property. On my initial calculations, assuming a $20,000 rehab and certain assumptions about the LTV and interest rate after a refinance, I project this home would cash flow between $100 and $200 per month. I believe there is an opportunity to convert this home into a side-by-side duplex.

I am very familiar with this area of the city and do not consider it too risky from a crime perspective.