Investor deal analyzer

Run the flip. Then run the BRRRR. Same deal, both exits — including the 90-day refinance.

The property

Hard money — the buy

Carrying costs — monthly

Taxes and insurance carry through to the rental period in the BRRRR exit.

The exit — sale

Closing cost settings

Transfer tax seeds from the property state and is the total rate — buyer and seller split it evenly, so each side pays 1.00% here. Buy-side title insurance is the percentage of the purchase plus the flat fee. Recording fees split half to the buy, half to the sale.

Which exit — the arithmetic side by side

Highest-ranked exit at these inputs

Fix & flip (hard money)

$175,555Profit

At these inputs the financed flip nets $175,555 over 4 months — $43,889 a month on $47,170 of cash, 1116.5% annualized.

The other exits

  • Fix & flip (all cash)$190,700 Profit

    Paying cash skips $15,145 of financing cost: $190,700 over 4 months on $378,700 in, 151.1% annualized.

  • BRRRR / DSCR hold$733/mo Monthly cash flow

    Refinancing at 75% of ARV draws $457,500; the refinance returns $59,655 more than the all-in cost, leaving no capital in, and rent of $6,000 runs $733 a month at a DSCR of 1.59x.

  • Sell to an investor / wholesale$142,701 Spread over purchase

    Passing it on at $467,701 leaves $142,701 over the $325,000 purchase price; a seller nets $459,024 that way against $569,400 on the MLS, a difference of $110,376.

If you refinance out — the DSCR hold

Capital at the refinance

$59,655 comes back out

The refinance returns more than the all-in cost, so no capital of yours remains in the deal and the return on cash is undefined at these inputs.

Cash-out refinance$457,500
Capital returned at refinance$59,655
Monthly P&I$2,967/mo
Monthly cash flow$733/mo
Annual cash flow$8,792
Cash-on-cashInfinite
DSCR1.59x

Refinancing at 75% of ARV draws $457,500; the refinance returns $59,655 more than the all-in cost, leaving no capital in, and rent of $6,000 runs $733 a month at a DSCR of 1.59x.

  • The refinance draws $457,500 against $397,845 all-in with closing — $59,655 comes back out and no capital stays in the deal.

Disclosure

Estimates only, based on inputs supplied by the user. These figures compare the arithmetic of each exit at the inputs entered; they are not investment, tax, or legal advice, and no outcome is promised or guaranteed. Foraker Capital LLC arranges business-purpose real estate loans through third-party lending partners; it is not a lender and does not fund loans. This is not an offer of credit. All terms subject to lender approval and full underwriting. Business-purpose loans for non-owner-occupied investment property only.

Projected profit

$175,555

$47,170 of your cash in · 4 months · 1116.5% annualized

1116.5%
Annualized return
$47,170
Cash required
64.6%
All-in to ARV

The numbers — sale exit

After-repair value$610,000
Purchase price-$325,000
Rehab-$40,000
Buy-side closing (transfer tax, title, recording)-$9,500
Sell-side closing (commission 5%, transfer tax, title)-$40,600
Carrying costs, 4 mo-$4,200
Cost of money (points, interest, lender fees)-$15,145
Projected profit$175,555

The hard money

Loan on purchase$292,500
Loan on rehab$40,000
Cap at up to 75% of ARV$457,500
Actual loan$332,500
Origination (1 pts)-$3,325
Interest, 4 billable mo at up to 9%-$9,975
Lender fees-$1,845
Cash out of pocket$47,170

Cash vs hard money

All cash
$190,700
151.1% annualized
Hard money
$175,555
1116.5% annualized
Max offer at a $25,000 target profit$467,701
  • All-in at 64.6% of ARV — inside the 70% rule with room for overruns.

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