Before you move forward
Pressure-test these assumptions.
- Renovation overages and timeline
- Appraised after-repair value
- Rent and vacancy expectations
- Maintenance, taxes, and insurance
- Refinance timing and interest-rate changes
- Required cash reserves
Real estate investment calculator
Free BRRRR Calculator
Buy · Rehab · Rent · Refinance · Repeat
Evaluate the profitability of a potential fixer-upper property.
Planning calculator
Build your BRRRR snapshot.
Use thoughtful, conservative estimates. You can change every assumption.
BRRRR project assumptions
Email it to Elizabeth The arithmetic
See what is underneath the result.
Planning estimates feel more useful when you can see how they connect.
Purchase price+ renovation + closing + holding= $272,000 total project cost
$350,000 after-repair value× 75.0% refinance LTV= $262,500 estimated new loan
$112,000 total cash required− $96,500 net refinance proceeds= $15,500 cash remaining
Debt service coverage ratio (DSCR) financing
That is what I call Landlord Lending.
For an eligible property, the property's cash flow may be used for qualification without relying on the borrower's employment income.
Estimated DSCR0.97
At or above the .75 planning minimum, but below the ideal 1.0.
A planning guideline is at least .75 DSCR, with 1.0 or higher preferred. Programs and requirements vary.
A real conversation helps
Have questions? Just call or text me. I'm happy to help.
We can pressure-test the property, financing, cash position, and reserves together, then decide what may be possible.