Highly recommend you dig a bit deeper and specify a market.

That’s where I am starting, as I’m convinced that collecting a bunch of metrics from different sources is a good first filter to deciding where to do deeper research.

Thats a highly variable number that doesn't go into GL "expenses" that may be throwing off banks who don't even dig deeper to see that.EBITDARGross revenue, gross Income, expenses, net income, debt service, depreciation, taxes, etc ...

Depending on the specifics of the property, it could go substantially higher - especially if you have a meaningful water view.You'll have to drill down deeper to really nail that number down, but this will get you close.

It's more of a gauge as to whether or not you want to dig deeper on this property or discard and move onto another.

I suppose the value in the calculator is to see if a deal is remotely close to reaching the hurdles; if it is, then one can dig deeper to provide more resolution on the assumptions.

Tell me if you have deeper insight for this plan.

That being said, it doesn't mean I won't find myself in the Milwaukee area as I dive deeper into the world of Real Estate investing in search for deals!

If you know the trustee or forelcosure attorney's # you can call them too, but typically I only do that if I'm already involved or doing deeper research into a deal. 

The BRRRR strategy is a great tool, but true BRRRR deals are tough to come by and usually go to the more experienced investors with deeper pockets that can show they can close quickly since they will be off-market deals 99% of the time.