BRRRR Calculator — New York City, NY
Pre-filled with localized assumptions for New York City. Replace the defaults with your real numbers (rent comps, taxes, insurance, repairs, and reserves) to get an accurate result.
Inputs
Results
- Total all-in cost: $338,000
- Total cash invested: $130,000
- New loan (refinance): $360,000
- Cash pulled out: $145,500
- Cash left in deal: -$15,500
- Equity created: $120,000
Tip: If cash left in ≤ $0, you achieved "infinite return"—all your money is out and the property still cash flows.
New York City Local Market Note
Informational onlyRoughly half of NYC's rental stock is rent-stabilized, which caps annual increases set by the Rent Guidelines Board — always confirm a unit's regulatory status before underwriting. Investor attention has shifted toward the outer boroughs, with neighborhoods like Ridgewood in Queens and Bedford-Stuyvesant in Brooklyn drawing buyers priced out of Manhattan. New York also requires 30–90 days' notice for rent increases over 5% or non-renewal, depending on tenancy length.
Local context for general information — not financial, legal, or tax advice. Verify current regulations and market data before making investment decisions.
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. These defaults are pre-filled for New York City, NY. Always replace them with your real numbers when you have them.
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.
How to use this calculator in New York City
Start with the pre-filled assumptions for New York City, then replace them with your deal’s numbers. If you’re an investor, keep vacancy and reserves conservative. If you’re a homeowner, pay special attention to property taxes and insurance — these often drive the rent vs buy decision.
Nearby cities in NY
Explore nearby cities to compare assumptions and outcomes.