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Real Estate

BRRRR Calculator

BRRRR — Buy, Rehab, Rent, Refinance, Repeat — lets investors recycle their capital. This shows how much cash you'd pull back out on the refinance and how much stays tied up in the deal.

Your details

Cash left in deal
-$5,000.00
Cash-out refinance loan
$165,000.00
Total invested
$160,000.00
Equity after refinance
$55,000.00

Cash pulled out vs left in

$160.0KTotal
Cash pulled back out
$160,000.00100%
Cash left in deal
$0.000%
Cash left in deal-$5,000.00

Formula

Refinance loan = after-repair value × refinance LTV. Cash left in deal = purchase price + rehab cost − refinance loan. A negative figure means you pulled out everything you put in (and then some).

How it works

The BRRRR goal is to force enough value through the rehab that the cash-out refinance returns most or all of your investment, so you can move it to the next property. The lower the cash left in, the more your capital compounds.

Frequently asked questions

What does BRRRR stand for?

Buy, Rehab, Rent, Refinance, Repeat — a strategy for buying undervalued property, improving it, renting it out, then refinancing to recover your capital for the next deal.

What is a good 'cash left in' amount?

The less the better. A perfect BRRRR returns all of your purchase and rehab cash on the refinance (zero or negative left in), letting you repeat without new savings.

What LTV do lenders offer on a cash-out refinance?

Commonly 70–75% of the after-repair value for an investment property, though it varies by lender and your qualifications.

Sources & methodology

Refinance loan = ARV × LTV; cash left in = purchase + rehab − refinance loan. Excludes closing costs, holding costs, and financing during the rehab.

Last updated: 2026-07-22

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