BRRRR Calculator
Analyze a Buy-Rehab-Rent-Refinance-Repeat deal. Calculate total investment, refinance cash-out, post-refi mortgage, cash flow, and cash left in the deal.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Results
Cash Left in Deal
$3,200.00
≈ 3 smartphones
How to Use This Calculator
- Enter Purchase Price and Rehab Cost for the distressed property you plan to buy and renovate.
- Set After Repair Value (ARV) — the estimated market value post-renovation — and Holding Period in months.
- Enter Refinance LTV % (e.g. 75%) and the new loan's Interest Rate and Term to model the cash-out refinance.
- Input expected Monthly Rent, Vacancy Rate %, and Monthly Operating Expenses for the rental phase.
- Review Cash Left in Deal — a negative value means you pulled out more than you invested — and Monthly Cash Flow.
- Check Cash-on-Cash Return to evaluate ongoing returns relative to remaining capital in the deal.
How the result changes with After Repair Value ($)
| After Repair Value ($) | Cash Left in Deal |
|---|---|
| 10,000,000 | -$7,346,800.00 |
| 35,000,000 | -$26,096,800.00 |
| 65,000,000 | -$48,596,800.00 |
| 90,000,000 | -$67,346,800.00 |
What each input means
- Purchase Price ($)
- Distressed property purchase price.
- Rehab Cost ($)
- Total renovation/rehab budget.
- After Repair Value ($)
- Estimated market value after renovation.
- Holding Period (months)
- Months from purchase to refinance.
- Monthly Holding Cost ($)
- Insurance, taxes, utilities, hard money interest during rehab.
- Refinance LTV (%)
- Loan-to-value on new refinance loan.
- Refi Interest Rate (%)
- Interest rate on the refinanced mortgage.
- Refi Term (years)
- Term of the refinanced mortgage.
- Monthly Rent ($)
- Expected monthly rental income after rehab.
- Vacancy Rate (%)
- Expected annual vacancy rate.
- Monthly Operating Expenses ($)
- Taxes, insurance, maintenance, management (excluding mortgage).
What each result means
- Cash Left in Deal
- Your remaining cash after refinance. Negative = you pulled cash out.
- Cash Out at Refinance
- Cash received back at refinance closing.
- Monthly Cash Flow
- Net monthly income after refi mortgage and expenses.
- Annual Cash Flow
- Net annual rental income.
- Cash-on-Cash Return
- Annual cash flow / cash left in deal.
- Total Investment
- Purchase + rehab + holding costs.
- Forced Appreciation
- ARV minus original purchase price.
- New Loan Amount
- Refinance loan (ARV * LTV).
- New Monthly Mortgage
- P&I on the refinanced loan.
- Equity Captured
- ARV minus new loan balance.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersPurchase Price ($) = 120000, Rehab Cost ($) = 30000, After Repair Value ($) = 200000, Holding Period (months) = 4 = 11 input(s) provided
- Calculate Cash Left in DealCash Left in Deal = totalInvestment - refinanceAmount3200 = $3,200
- Calculate Cash Out at RefinanceCash Out at Refinance0 = $0
- Calculate Monthly Cash FlowMonthly Cash Flow = effectiveMonthlyRent - monthlyExpenses - monthlyMortgage158.05 = $158.05
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
Related Calculators
The questions that sit next to this one — chosen by subject, including calculators filed under a different category.
Cash-on-Cash Return Calculator
Calculate the annual return on actual cash invested in a rental property, factoring in down payment, closing costs, rehab, income, and expenses.
Real Estate InvestingTurnkey Rental Calculator
Analyze a turnkey rental property with management fees, mortgage, vacancy, and maintenance to project cash flow and key investment metrics.
Real Estate Investing1031 Exchange Calculator
Calculate tax deferral from a 1031 like-kind exchange. Compare taxes owed with and without the exchange, boot exposure, and cash needed for the replacement property.
Loans, Debt & CreditRefinance Calculator
Compare your current loan to a refinanced loan. See monthly savings, total interest savings, and break-even point.
Commercial Real EstateLease vs Buy Commercial Calculator
Compare the net present cost of leasing versus buying commercial property over a holding period.
More in Real Estate & Property.