All Forum Posts by: Melissa Dinas

Josh - Yes, that is correct. The hard money lender will take a 9.9% fee of the total loan, interest rate at 8% and payment due in full by 7 years. Refinance will occur at 6 months, 5.75% interest rate, amortized over 30 years. 

I just realized I never posted the link:

https://www.biggerpockets.com/calculators/shared/8...

What numbers are you saying I'm not making available? 

I'm still trying to get the hang of these calculators. I'm analyzing many deals daily but I'm not sure I'm inputting the correct information. Will you help me by looking at an analysis I did and telling me whether or not I got it right? 

I'm using a hard money loan and planning to BRRRR so that's the calculator I used. Here's the link (available until 5/3/18) and I've pasted the photos below.

Thanks in advance!!

Thanks. Any idea on why CoC is inf% but monthly cash flow is negative?

I'm having trouble figuring out how to input the information correctly into the BRRRR calculator. I'm using a hard money personal loan. Here are the numbers:

Fee: 9.9% of loan total

Int. rate:  8%

Amortized: 7 years 

Questions:

Is the 9.9% considered points? If not, where does that figure go in the calculator?

Is the "other charges from the lender" a one-time charge or recurring? What should go in there?

Also, how can my monthly cashflow be negative when my CoCROI is INF%??

Excellent! I had already seen your previous post... Thanks for keeping us updated. It's good to hear "regular" folks talk about their successes! Keeps me motivated 🙂

Hi all - I have used the BRRRR calculator on two properties. I have two questions I need help with.

First question - Each one shows a positive monthly cash flow on their respective reports. However, when I am on the reports page - where it lists all the reports I've done - they both have a negative cash flow. Why are these numbers different?

My second question is, what does "Inf%" mean in the ROI section (right below the monthly cash flow)?

Melissa