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BRRRR Calculator
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INSTRUCTIONS: MAKE A COPY before using this. DO NOT EDIT THIS VERSION. Thank you 😊
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Part 1: Data Inputs
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**READ THIS FIRST**
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Black =
Formula / Do not change
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Blue =User inputs
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Green =
Formula / Optional to change
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Step 1: Property Info Step 2: Short Term Loan DetailsStep 3: Input Rent/IncomeStep 4: Refinance Information
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Property Price $ 355,000.00 Down payment %20%Unit 1 $ 2,000.00
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Estimated Rehab Costs $ 7,820.00 Financed amount $ 284,000.00 Unit 2 $ - Estimated ARV $ 380,000.00
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Closing Costs $ 3,000.00 Points1.00%Unit 3 $ -
Amount Pulled Out (New Loan Amt)
$ 285,000.00
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Estimated Annual Appreciation3.00%Interest rate10.00%Unit 4 $ - Cost of Cash Out Refinance $ 8,550.00
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Estimated ARV $ 380,000.00 Interest Only?YesUnit 5 $ - Repayment of Original Note $ 286,840.00
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Annual Rent Increase2.00%Months Needed12Unit 6 $ - Interest Paid on Original Note $ 28,400.00
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Months to Cash Flow5PMI0.00%
Subtotal Estimated Rent
$ 2,000.00
Additonal Cash Pulled Out (Left in)
$ (120,610.00)
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Loan Term in Years 1.00 Percent of Cash Out $ 0.85
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Payments Made Per Year 12.00 Pet Rent $ -
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Estimated Monthly Insurance
$ 83.33 Garage Parking $ - Refinance Interest Rate3.25%
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Estimated Monthly Taxes $ 80.00 Carport Parking $ - PMI0.00%
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Optional Extra Payments $ - Extra Storage $ - Loan Term in Years30
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Laundry $ - Payments Per Year12
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Utility Fee $ -
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Subtotal Other Income $ - Estimated Insurance $ 83.33
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Estimated Taxes $ 80.00
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Total Monthly Income $ 2,000.00 PMI $ -
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Optional extra payments $ -
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Step 5: FInal Property Expenses (Post Refinance)
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Principal & Interest $ 1,240.34 Cash Pulled Out $ 276,450.00
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Taxes $ 80.00
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Insurance $ 83.33
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PMI $ -
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Subtotal Monthly Payment $ 1,403.67
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Vacancy $ 80.00 4%***
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Capital Expenditures $ 100.00 5%***
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Maintenance $ 100.00 5%***
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Property Management $ 140.00 7%***
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Subtotal Reserves $ 420.00
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Total Monthly Expenses $ 1,823.67
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Part 2: Deal Analysis
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Year 1 CoC Return-44.82%
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Down Payment$71,000
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Rehab Costs$7,820
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Closing Costs $ 3,000
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Initial Investment $ 81,820
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Amount Pulled out $ 285,000
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Cost of Cash Out Refinance $ 8,550
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Cost of Note $ 315,240
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Net Cashed Pulled Out $ (38,790)
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Monthly Income $ 2,000
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Monthly Expenses $ 1,824
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Monthly Cash Flow $ 176
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Cash Flow COC Return3%
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