Running numbers on a spreadsheet and in a BP calculator every day for ten properties when you have never seen one in real life or smelled mold or been to a hoarder's house or seen a structural issue is just procrastinating.

You plug in whenever set your timer the car starts to charge right at 10pm and with just the standard charger Tesla has takes about 4 to 5 hours to fully charge so by 2 to 3 am your good to go and as I have calculated my energy costs.

Quote from @Scoop Schneider: 86k principle 7.5IR 360 months 800 credit score 1st position Put it on paperstac. my guess without dropping it into any calculator would be its worth $50-$70k assuming property value is above $100k

Since it says you are new to real estate and sharing calculations, my experience is that a lot of new investors are spending a lot of time "modeling" and zero time actually seeing homes or multis or commercial properties in person.

In 2023, gross ROI for flips averaged 27.5%, but net ROI (after all costs) is usually 10-20%, calculated on the total investment (purchase price + repairs). 

I have made lots of calculated but risky decisions based on knowing my family, wages, living expenses etc.

I’d have a better picture by sitting down with someone at a bank, but I did a calculation online and the new loan on cashing out $130k would still be covered by the current rental payment.

To start your first BRRRR investment, define your investment criteria, focus on submarkets with favorable cash flow and rehab costs, build your team, analyze deals using tools like BiggerPockets BRRRR calculator, and start small.

Loans or lack thereof don’t impact tax calculations—only net profit matters.

BiggerPockets has a STR calculator that can help you know what are expenses to expect that may come in handy!