BRRRR策略计算器 — 公式

The BRRRR Strategy

BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. The goal is to recover most or all of your initial investment through refinancing, then repeat with the same capital.

How BRRRR Works

1. Buy a property below market value 2. Rehab to increase value and make rent-ready 3. Rent to a tenant at market rates 4. Refinance based on the new appraised value (ARV) 5. Repeat using the recovered capital

Key Metrics

  • Cash left in deal: Total investment minus cash recovered at refi
  • Cash-on-cash return: Annual cash flow / Cash left in deal
  • Ideal BRRRR: Recover 100% of investment (zero or negative cash left in)

    • Refinance Requirements

  • Most lenders require 6-12 month seasoning period after purchase
  • Typical refi LTV: 70-80% of ARV
  • Property must be stabilized (tenant in place, performing)

    • 计算示例

    Buy at $150,000, rehab $40,000, closing $5,000. ARV $250,000, refi at 75% LTV, 7% rate, 30 years, $4,000 refi closing. Rent $2,000/mo, expenses $600/mo.

    1. Total cash in: $150,000 + $40,000 + $5,000 = $195,000
    2. Refi loan: $250,000 x 75% = $187,500
    3. Cash recovered: $187,500 - $4,000 = $183,500
    4. Cash left in deal: $195,000 - $183,500 = $11,500
    5. % recovered: $183,500 / $195,000 = 94.1%
    6. Mortgage payment: $187,500 at 7% for 30yr = $1,247.73
    7. Monthly cash flow: $2,000 - $600 - $1,247.73 = $152.27
    8. Annual cash flow: $152.27 x 12 = $1,827
    9. Cash-on-cash return: $1,827 / $11,500 = 15.9%