Another thing you should calculate is the after build value.

If lemders were able and willing to add the 2-3% of a buyers broker commission to the sale price when calculating LTV, there would be no difference to any party and the cost of services would become much clearer.  

2-Did you calculate your soft costs?

Based just on your DSCR calculations, it appears this property is significantly under-performing, or if it is operating well, then it is significantly over-priced.If your plan is to reposition the property, then you need a bridge loan or private loan to acquire and manage the property. 

This can be solved by the lender being willing to add the buyer’s commission to the purchase price when calculating maximum loan amount.  

Additionally, prepare financial projections, including cash flow forecasts and ROI calculations.

Are there calculators on this site that can calculate Net Present Value?

BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

There's probably so much to this that it would be hard to summarize everything you need to know in a post like this...but here's some basic things I think you should know about:BRRRR SKILLS NEEDEDGenerally speaking you will need several things to successfully complete a BRRRR: ARV - being able to calculate the Value on your own (meaning, without the wholesaler telling you the value) is really important.

@Ross KaneThe cap rate is calculated using the NOI, not the gross rent.