My first BRRRR calculation
Hello everyone!
I am new to the BP scene, and would like some advice on my first BRRRR calculation. I'm on the brink of making my first purchase towards (hopefully) a successful real estate investing career. My goal is to have 5-10 buy and hold properties within the next few years. With this one being my first, would anyone be willing to look over my initial report and see if I've missed any big areas that might significantly change my results?
I’ve left the location pretty vague at the risk of potentially outing a good deal. I know that most of that information will play a significant role in determining whether the property cash flows well enough, however I’m more interested in the numbers I’ve put in. I’m looking for mistakes or considerations I may have missed. With that said, if you would like more details, let me know. I’ll see what I can divulge 😉.
Thanks again!
-Matt
https://www.biggerpockets.com/calculators/shared/986642/947f4335-96d2-4652-b39c-1010800ca34b