I'm a beginner. Help me analyze this BRRRR deal

[Michael D Morrow]

View report

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

[Jason D.]

@Michael D Morrow with $20k left in the property, youve forgot about the "R" for "repeat". Ideally, you'd want to refinance $119k in order to get all of your money out to start over. Overall though, the numbers look good if you're comfortable with leaving that cash in the property. I see you have some utilities in your expenses, are you planning on paying that as a landlord. One of the advantages of SFR investing is that, usually, the tenant pays all utilities.