[Calc Review] Help me analyze this deal

[Tyler Purser]

New to bigger pockets community, however i have been studying and reviewing tons of information from books and podcasts regarding rental properties. I am from regina sk, Canada. i currently have a single rental property from a house which used to be my primary residence. Now im looking to expand my portfolio. on this deal i have a partner who is interested whom would bring the financing. i am thinking of spending 10k in a "face lift" on this property to raise the rent. I ran the numbers through the calculator and it looks like it has potiental however i was hoping someone with some more experience with the brrrr strategy could bring some insight as to raising the value of this property so after about a years time (seasoning period) when we go to refinance it i could get the partners initial investment back out of the deal. 

For sale: 2207 + 2211 Cameron ST, Regina, Saskatchewan S4T2V9 - SK871404 | REALTOR.ca

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

[Ian Temple]

I live across the alley on Robinson and put an offer on this place last year. They didn't like my offer of $280k when they were asking $350k. 

Have you been inside it? Nice enough places, fantastic location for a rental. Not sure you're not going to get much more than the current $1250 they get per side though. Basement definitley needs attention, but if you did it right you could have third bedrooms down there in both.