[BRRRR Calc Review] Help me analyze this deal

[Melaine Mudukuti]

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*This link comes directly from our calculators, based on information input by the member who posted.

Hi All - I am practicing analyzing some deal for a BRRRR, and believe I have come across a good one. I am a bit confused about the Initial Rental Period portion of the report. Any feedback or constructive criticism about this specific portion of the report as a whole is greatly appreciated!

[Brent Coombs]

@Melaine Mudukuti, question 1: if you have $94k cash, why would you need to go with a HML at the start? Question 2: Are you sure that for a pure investment, you'd be able to refi into a 30 yr 4.5% fixed Loan? (Seems overly optimistic to me) ie . Check with Lenders, even now!

Other than that, my usual question is: What's the normal Rent-to-Value per month percentage around there? (Rule of thumb suggests that falling below 1% gross return per month makes it increasingly hard to cash flow positively on average, when borrowing to the max).

A similar question: Are you getting a bargain* (compared to sold comps)?

* [Spending $24k on rehab, to increase value by ~$40k is a good theoretical start. More?]

Welcome to BP. Thanks for sharing. All the best...