1st attempt at BRRRR - help with max bid at auction.

[David C.]

Hi everyone, 

I'm excited! 

Here's my numbers analyzing a possible BRRRR. I've inflated the repair costs for worst-case scenario, and conservative on vacancy etc.

I've set $80,000 as my bidding limit for a house that comps suggest i can get 150k reappraisal on (refinance after 6 months).

Is that too safe? Should I be braver?
How high should I go with the bidding in that exciting last hour?

Thanks for any watch outs / advice.