Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

I have about $5k in a credit card and another $5k in a home improvement loan because I had to replace my AC condenser after purchasing my primary last year.

That will likely be one of the side effects of improving your property and should be accounted for in your analysis.

If you know how to make rates of return higher than that, I would say it is better to invest the money than pay down your mortgage early.If you don't know how to do that, then either pay down your mortgage or learn how to improve your investment returns.

@Dominic Holt , I am happy to review your scenario and suggest changes that could improve your property.

Yeah, I'm really disappointed that they removed the Air DNA from the calculators also!!!

If rates improve slightly, a cash-out refinance could lower your mortgage rate, but ensure the numbers work with your long-term goals.One thing to consider is your return on equity (ROE).

Tapping into that equity through a HELOC or cash-out refinance and reinvesting in higher-performing assets could improve their ROI significantly.

And what is this air of superiority in this place..so in your little internet world 21 posts means you're less of a human being, gotcha, again that's in your little internet world 

Can you actually sell your Air BNB as a business?