Can you help analyze a rental deal

[Darrin Smith]

Hello all,

I have tried to use the Bigger Pockets BRRR calculator but not quite confident that I am using it correctly. Can you help me to determine if this would be a good rental or not with the information given:

Purchase: $75,000

Rehab: $10,000

ARV: $120,000

Taxes: $1,663

Insurance: $1,000

Initial Hard Money Loan details: 11% 3pts @ 70% LTV

Refinance in 6 months at 8%

Rent $1,200/Mo gross

Water: $100/Mo

5% vacancy rate

5% maintenance

No Property Management

Thanks for any help everyone can contribute.