BRRRR Calculator help
Hello BP Community,
I have been studying the mechanics of the BRRRR calculator here on BP and i have a couple questions about a few of the output metrics that i cant determine how they are calculated.
- Does the Calculator account for the holding costs before you get it rented/refinanced? i don't see how it does unless its indirect (via the "Time to refinance" and/or "Estimated Rehab Time" outputs). If it does, what is included in the holding costs besides the P&I, taxes, & insurance?
- On the Refinance portion of the report, I cant seem to figure out how the "Total Cash Invested" is calculated.
Please help!!
Thanks for indulging my nerdyness.
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Real Estate Agent Texas (#719290)
- (210) 279-5133
- http://www.MilesStanley.ExpRealty.com
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