potential brrrrr in Kansas Mo Help me analyze this deal

2 Replies

If the ARV is only 65,000 and your contract work goes over budget you will lose money. You want the ARV to be higher to do the BRRRR strategy in this case at least 80,000 ( which would allow the bank to loan you 64,000 ) but the rental income should cover the mortgage cost with a little left over for repairs and unexpected bills etc.