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BRRRR Calculator

Analyze Buy-Rehab-Rent-Refinance-Repeat deals. Calculate cash left in the deal, cash-on-cash return, and determine if you can achieve infinite returns.

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Inputs

Buy & Rehab
Refinance
Rental Income

Results

Deal Score: F (39/100)
Poor deal — loses money at these assumptions (1.7% cash-on-cash, $3/mo cash flow).
Cash left in deal
$2,000
Monthly cash flow
$3
Cash-on-cash return
1.72%
BRRRR breakdown
  • Total all-in cost: $208,000
  • Total cash invested: $88,000
  • New loan (refinance): $210,000
  • Cash pulled out: $86,000
  • Cash left in deal: $2,000
  • Equity created: $70,000
Formula
Cash Left In = Total Cash Invested − Cash Pulled Out at Refinance

Tip: If cash left in ≤ $0, you achieved "infinite return"—all your money is out and the property still cash flows.

When to Use This Calculator

Use this calculator when evaluating a Buy-Rehab-Rent-Refinance-Repeat deal. It helps you determine how much cash you'll have left in a deal after the refinance and whether the property will still cash flow — the two critical factors that determine if a BRRRR deal is worth pursuing.

How It Works

This calculator models the full BRRRR cycle: purchase price plus rehab costs equals your total investment, then a cash-out refinance at a specified LTV against the after-repair value determines how much capital you recover. It then calculates monthly cash flow after the new refinanced mortgage to ensure the deal remains sustainable long-term.

Key Terms

Cash Left in DealYour total investment (purchase + rehab + closing costs) minus the cash pulled out at refinance. Ideally $0 or less for an 'infinite return.'
Infinite ReturnWhen you pull out 100% or more of your invested capital at refinance. Any positive cash flow from that point forward represents infinite return on invested capital.
LTV (Loan-to-Value)The ratio of the new loan amount to the property's appraised value. Most investment refinances allow 75% LTV.

How to Use This BRRRR Calculator (Mini Guide)

Analyze Buy-Rehab-Rent-Refinance-Repeat deals to see how much cash you can pull out at refinance and whether you achieve infinite returns.

Mini Guide
On this page

What BRRRR means

Buy a distressed property below market, rehab it, rent it out, then refinance based on new (higher) ARV.

Goal: pull out most or all of your initial cash so you can repeat the process.

If you pull out 100%+ of your cash, you achieve 'infinite return' — the property cash flows with $0 left in.

Critical inputs

Purchase price + rehab costs = your total all-in cost.

ARV: conservative comps matter — overestimate ARV and the deal falls apart at refinance.

Refinance LTV: most lenders do 75% of ARV for investment properties.

Monthly rent and expenses: must cash flow after refinance or it's not sustainable.

What makes a good BRRRR deal

Cash left in deal ≤ $0 (pulled out all your money).

Monthly cash flow after refinance > $200-$300/month minimum.

ARV is defensible with actual closed comps.

Rehab scope is clear and budgeted conservatively.

Common risks

Appraisal comes in below ARV — kills the refinance and leaves you stuck.

Rehab costs overrun — eats into equity and cash-out potential.

Can't find tenants at projected rent — cash flow goes negative.

Try with Local Assumptions

Select a city to pre-fill the calculator with local market defaults.

Frequently Asked Questions

What does BRRRR stand for?BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. It's an investment strategy where you buy a distressed property below market value, renovate it, rent it out, then refinance based on the new higher value to pull your cash back out.
What is an 'infinite return' in BRRRR?An infinite return happens when you pull out 100% or more of your invested cash at refinance. The property continues to cash flow, but you have $0 left in the deal — meaning any positive cash flow is technically an infinite return on invested capital.
What refinance LTV should I use?Most investment property lenders allow 75% LTV on a cash-out refinance. Use 75% as your base assumption for conservative planning.
What's the biggest risk in a BRRRR deal?The biggest risk is the appraisal coming in below your expected ARV. If the value is lower than planned, you can't pull out as much cash — leaving your capital stuck in the deal.