BRRRR Method Calculator

About this calculator

The BRRRR method — Buy, Rehab, Rent, Refinance, Repeat — is a real estate investing strategy that aims to recycle the same capital across multiple deals. You buy a distressed property for cash, rehab it to force equity, rent it to qualify for a refinance, then pull out as much of your original investment as possible via a cash-out refinance. The goal is to have zero (or minimal) cash left in the deal while still owning a cash-flowing rental with equity. This calculator shows how much capital you recover, how much equity you retain, and how much cash is available to fund your next deal.

Field explanations

Purchase price

The all-cash acquisition cost of the distressed property. BRRRR deals are typically bought below market value to create a spread between total invested and ARV.

Total rehab cost

All costs to renovate and stabilize the property. Combined with the purchase price, this is your total cash invested — the figure you're trying to recover through the refinance.

Monthly rent

The rent you expect to collect once the property is stabilized. Lenders typically require 12 months of rental history or a signed lease to count rental income toward the refinance qualification.

After Repair Value (ARV)

The appraised market value of the property after all rehab work is complete. This is the basis for the refinance loan amount. Get a professional appraisal or use comparable sales to estimate this accurately.

Refinance LTV

Loan-to-Value ratio for the cash-out refinance. Investment property cash-out refinances are typically capped at 70–75% LTV by most conventional lenders (vs. 80% for primary residences).

Interest rate & loan term

The rate and term on the refinanced loan. These determine the monthly mortgage payment, which is compared against rent to show near-term cash flow.

Closing costs + cash reserves

The amount you need to set aside from the refinance proceeds before deploying into your next deal — typically refinance closing costs (1–3% of loan) plus any lender-required reserves. Subtracting this from the refinance loan gives you the true "cash to repeat."