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
Buy · Rehab · Rent · Refinance · Repeat
See the plan before you start the work.
Estimate the cash this property may require, what a refinance could return, and whether the projected rent supports the plan.
Planning calculator
Build your BRRR snapshot.
Use thoughtful, conservative estimates. You can change every assumption.
BRRR 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
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.