BRRRR Calculator
See how much capital comes back at refinance, and whether rent still covers the new payment.
What This Calculator Does
Runs the buy, rehab, rent, refinance, repeat cycle to show total cash invested, the loan a post-rehab appraisal can support, the capital returned at refinance, and the resulting cash flow and return on whatever remains invested.
Who Is This For
Investors building a rental portfolio with limited fresh capital, owners of a renovated property deciding whether to refinance or sell, and anyone testing the BRRRR approach against real numbers.
How It Works
Enter the purchase price, rehab budget, expected post-rehab value, refinance terms, and expected rent to see the capital returned, capital remaining invested, and resulting yield.
Frequently Asked Questions
What does BRRRR stand for?
Buy, rehab, rent, refinance, repeat — a strategy where an investor purchases a property needing work, renovates it, places a tenant, refinances against the improved value, and redeploys the returned capital.
How much cash can typically be recovered at refinance?
Investor cash-out programs commonly cap the new loan at a percentage of appraised value; this estimate measures that loan against the cash actually put in, before any payoff of existing acquisition debt and before refinance closing costs, so account for those separately.
What does the term 'infinite return' describe?
It describes a case where the refinance returns all capital originally invested, leaving no personal money in the deal; it requires a large enough value increase and is the exception rather than the typical outcome.
Is there a seasoning period before refinancing?
Many lenders require the property be held for a minimum period before lending against the improved appraised value rather than the purchase price; confirm the requirement with your lender before planning around it.