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Updated 9 months ago on . Most recent reply

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Kevin Mertus
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BRRRR Calculator - Total Cash Invested Calculation

Kevin Mertus
Posted

Hi, Can anyone write out what the formula used for Total Cash Invested? I'm new to Bigger Pockets and just looking for my first BRRRR deal. I am using the BRRRR calculator and can follow almost all of it, but I am not following what the Total Cash Invested calculation is. 

  • Kevin Mertus
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    Michael Murphy
    • Investor
    • Buffalo
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    Michael Murphy
    • Investor
    • Buffalo
    Replied

    The acquisition loan is getting amortized down to 255,083.96 over a 12 month period and you have the 12,000 of loan costs.  The math is:

    168,800 - (337,500 - 12,000 - 255,083.96) = 98,383.96

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