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Caleb Christopher
  • Real Estate Consultant
  • Kansas City, KS
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123
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[Calc] Am I not pulling all my cash back? (BRRRR)

Caleb Christopher
  • Real Estate Consultant
  • Kansas City, KS
Posted Sep 28 2020, 20:49

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*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?

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