I recently discovered did underwriting on a property with projected rent of $120k/year on $485k purchase and the cash flow was modest.  

The rehabs are similar but the approach is different.When I started BRRRR’g projects I tended to do them as if it would be a flip.

Projected rent.

Investment Info:Single-family residence renovation investment.Purchase price: $45,000Cash invested: $43,650Sale price: $135,000Contributors:Peter VekselmanPartner Driven partnered with Preston Moore on a renovation project in Guntersville, Alabama.

My partner and I are preparing to purchase our first investment deal, and after years of studying our local market and saving capital, we believe we’ve finally found the right opportunity.The property was originally purchased by a flipper who began renovations but ultimately had the project red-tagged by the township.

You can easily add your different stages or projects.

With the tax-free gain of $500k on a $500k remaining mortgage, I'm considering taking the $1m of tax-free cash and buying some STRs with my LLC as follows:Research indicates 3-5 BR SFH are best near Jay Peak or North Conway, so I could probably acquire x2 STRs with that cash and projecting (based on AirDNA):BALANCE SHEET ($/yr)- INCOME-- TOTAL (annual revenue target): 100k (assuming low end of STR math from this website) - EXPENSES-- taxes = 1% (NH) + 2% (VT) = 15k-- insurance = 0.25% = 2.5k -- PM fees = 20-40% (I'm seeing a wide range - anyone have comps?)

I could send you a handful of articles that would give you the basics and you'd be fine.I have 14-doors in Detroit and 3 of them I've placed S8 tenants in.

Filmmakers pointed to how workable the city is: locations that make sense, people who cooperate, and a production environment that doesn’t slow projects down.

For a STR DSCR loan, the actual or projected rent has 20% of the income deducted for expenses and then the leftover rent money is weighed against the new mortgage, property taxes & insurance and HOA (if applicable).