[Calc] Am I not pulling all my cash back? (BRRRR)
*This link comes directly from our calculators, based on information input by the member who posted.
I need some help understanding my total cash outlay vs my refinance loan. The calc says $33,300 total cash needed... so isn't that the number I'd like to refinance out of the deal? But even when I cash-out $35,000 it shows a 9.2 CoC ROI.
What numbers do I need to be looking at to clearly understand my target refinance number. I don't HAVE to get all my money back out, but I feel like I'm missing something here, or the CoC ROI would be "inf%", right?