AssetCalcs.

Free BRRRR Calculator

Model your Buy, Rehab, Rent, Refinance, Repeat strategy, equity build, and cash-on-cash ROI.

Free Excel & Sheets Template

BRRRR Inputs

Sheets / Excel
1. Buy Phase
$
%
$
2. Rehab & Hold Phase
$
$
3. Rent Phase
$
$
4. Refinance Phase
$
%
%
$

Total Cash Left in Deal

$0

Total invested minus cash pulled out at refinance.

Cash-on-Cash Return

0.0%

Annual net cash flow divided by remaining cash left in deal.

Financial Breakdown

Total Cash Invested$0
Refinance Loan Amount$0
Net Operating Income (NOI)$0
New Refi Mortgage Payment$0
Monthly Cash Flow$0

📊 Pro-Forma Ledger Matrix

1. 1. Buy Phase
Purchase Price$0
Down Payment$0
Purchase Closing Costs$0
Estimated Repair Costs$0
Monthly Holding Cost$0
Total Cash Invested$0
2. Refinance Proceeds
After Repair Value$0
Refinance Loan Amount$0
Payoff Initial Debt$0
Refi Costs$0
3. Deal Summary
Total Cash Left in Deal$0
New Refi Mortgage Payment$0
Monthly Cash Flow$0
Cash-on-Cash Return0%
Total Cash Left in Deal
$0
Cash-on-Cash Return
0.0%
BRRRR Tax Savings

Write Off Rehab & Property Costs with Cost Segregation

Accelerate property depreciation and claim maximum Year 1 tax write-offs for your rental portfolio.

Calculate Tax Write-Offs

Executive Summary

What is BRRRR?:BRRRR (Buy, Rehab, Rent, Refinance, Repeat) is a real estate strategy where investors force property appreciation through rehab, rent to tenants, and execute a cash-out refinance to pull back initial capital.

75% LTV RefinanceRefinances at 75% of new After Repair Value (ARV) to recover purchase & rehab cash.
Cash Left in DealMeasures total capital remaining locked in property after refinancing.
Infinite Cash-on-CashAchieved when 100%+ of initial capital is recovered while retaining rental cash flow.
📊

Free BRRRR Deal Underwriting Spreadsheet

Download our pre-formatted real estate model with automated formulas for Buy, Rehab, Rent, Refinance, cash left in deal, and infinite cash-on-cash return. Compatible with Microsoft Excel and Google Sheets.

Download Excel (.xlsx)Download CSV (.csv)

Tip: To use in Google Sheets, open Google Sheets → File → Import → Upload this file.

Browse Rates by Location

Targeted BRRRR Calculators

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Next Steps for BRRRR Investors

Hard Money Calculator →

Deep dive into your exact holding costs, origination points, and double-close fees for the initial rehab phase.

Section 179 Calculator →

Buying a heavy work truck (like an F-150) to haul your rehab materials? See how much you can write off.

Pairing This BRRRR Calculator with Google Sheets & Excel

Many real estate investors search for a brrrr calculator google sheets or a downloadable Excel spreadsheet template to underwrite prospective deals. While desktop spreadsheets are invaluable for maintaining permanent portfolio records and submitting financing packets to lenders, opening clunky spreadsheet apps on your smartphone during a fast-paced property walk-through is frustrating.

AssetCalcs gives you the ultimate hybrid solution: an instant, 100% free web underwriting tool to evaluate deals in seconds on any mobile device, paired with a downloadable Google Sheets / Excel spreadsheet template so you can export your findings and share them with partners, hard money lenders, and contractors.

The Ultimate Unlimited Alternative

Some of the biggest real estate investing forums (like BiggerPockets) offer incredible calculators, but they often restrict you to only 5 free uses before forcing you into a costly "Pro" subscription paywall.

We believe deal analysis should be frictionless. AssetCalcs provides this enterprise-grade BRRRR calculator absolutely free, with unlimited usage. Run 50 deals a day if you want to!

Factoring in Hard Money Loan Costs

One of the biggest mistakes novice BRRRR investors make is forgetting to calculate the holding costs of their bridge debt. If you are buying a distressed property, traditional banks won't lend to you; you must use a Hard Money Lender.

Hard money loans are expensive. They often charge 10% to 14% interest-only payments and 2 to 3 "points" upfront. If your rehab takes 6 months, those monthly interest payments will aggressively eat into your "Cash Left in Deal" metric. Our calculator specifically includes an entire section dedicated to underwriting these exact rehab loan holding costs.

Deal WorkflowNext step in financial underwriting

US Real Estate Deal Underwriting Workflow

Active investors evaluate acquisition debt, model the rehab and refinance stages, and lock in long-term non-recourse debt.

1. Hard Money
Short-term acquisition & rehab loan
Open Tool
Current Tool
2. BRRRR Method
Cash recovery & equity velocity
Active on this page
3. DSCR Loan
Permanent 30-year cash-flow debt
Open Tool
4. Cap Rate
Commercial valuation & net income
Open Tool
Educational Guide

Mastering the BRRRR Method: Deal Underwriting & Step-by-Step Analysis

Learn how to underwrite BRRRR deals like a pro. Read our guide on the 70% rule, calculating cash left in the deal, and managing the refinance exit.

Read Guide

Frequently Asked Questions

What does BRRRR stand for?

BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. It is a real estate investment strategy where you purchase a distressed property, renovate it to force appreciation, rent it out to generate cash flow, and then perform a cash-out refinance to pull your initial capital back out, allowing you to repeat the process.

How much money do I need to start the BRRRR method?

While it depends heavily on your local market, investors typically need between $30,000 to $100,000+ to start. This covers the down payment, renovation costs, closing costs, and holding expenses until the property is rented and successfully refinanced.

What is the 70% rule in real estate?

The 70% rule is a guideline that suggests an investor should pay no more than 70% of a property's After-Repair Value (ARV) minus the estimated cost of repairs: Maximum Allowable Offer (MAO) = (ARV × 0.70) − Repairs. This ensures enough built-in equity to complete the refinance phase of the BRRRR method without leaving excess cash trapped.

How do I calculate "Cash Left in Deal" and Cash-on-Cash Return in BRRRR?

Total Capital Outlay equals Purchase Price + Rehab Budget + Holding Costs (hard money interest) + Closing Costs. Refinance Loan Amount equals New ARV × Refinance LTV (typically 75%). Cash Left in Deal = Total Capital Outlay − Refinance Proceeds. Cash-on-Cash Return = Annual Net Cash Flow / Cash Left in Deal. If refinance proceeds equal or exceed your total outlay ($0 cash left), your cash-on-cash return is theoretically infinite!

Is there a free BiggerPockets BRRRR calculator alternative?

Yes. Unlike BiggerPockets, which restricts users to only 5 free deal reports before mandating a paid Pro membership, AssetCalcs provides 100% free, unlimited BRRRR deal underwriting without registration or paywalls. You also get a free downloadable Google Sheets / Excel spreadsheet model for offline deal archiving.

How long do I have to wait to refinance a BRRRR property?

Conventional Fannie Mae loans typically require a 6-month seasoning period before refinancing against the newly appraised ARV. However, specialized DSCR rental lenders and private portfolio lenders frequently have no seasoning period (or only 90 days after rehabilitation completion), enabling faster capital recycling.

BRRRR Strategy Calculators by State & Major City

Model Buy, Rehab, Rent, Refinance, Repeat cash-on-cash ROI across all US real estate markets.

📍 BRRRR Strategy Calculators by US State (50 tools)

Alabama BRRRR Method→Alaska BRRRR Method→Arizona BRRRR Method→Arkansas BRRRR Method→California BRRRR Method→Colorado BRRRR Method→Connecticut BRRRR Method→Delaware BRRRR Method→Florida BRRRR Method→Georgia BRRRR Method→Hawaii BRRRR Method→Idaho BRRRR Method→Illinois BRRRR Method→Indiana BRRRR Method→Iowa BRRRR Method→Kansas BRRRR Method→Kentucky BRRRR Method→Louisiana BRRRR Method→Maine BRRRR Method→Maryland BRRRR Method→Massachusetts BRRRR Method→Michigan BRRRR Method→Minnesota BRRRR Method→Mississippi BRRRR Method→Missouri BRRRR Method→Montana BRRRR Method→Nebraska BRRRR Method→Nevada BRRRR Method→New Hampshire BRRRR Method→New Jersey BRRRR Method→New Mexico BRRRR Method→New York BRRRR Method→North Carolina BRRRR Method→North Dakota BRRRR Method→Ohio BRRRR Method→Oklahoma BRRRR Method→Oregon BRRRR Method→Pennsylvania BRRRR Method→Rhode Island BRRRR Method→South Carolina BRRRR Method→South Dakota BRRRR Method→Tennessee BRRRR Method→Texas BRRRR Method→Utah BRRRR Method→Vermont BRRRR Method→Virginia BRRRR Method→Washington BRRRR Method→West Virginia BRRRR Method→Wisconsin BRRRR Method→Wyoming BRRRR Method→

📍 BRRRR Strategy Calculators by Major City (26 tools)

Atlanta BRRRR Method→Austin BRRRR Method→Charlotte BRRRR Method→Chicago BRRRR Method→Columbus BRRRR Method→Dallas BRRRR Method→Denver BRRRR Method→Detroit BRRRR Method→Houston BRRRR Method→Indianapolis BRRRR Method→Jacksonville BRRRR Method→Kansas City BRRRR Method→Las Vegas BRRRR Method→Los Angeles BRRRR Method→Memphis BRRRR Method→Miami BRRRR Method→Nashville BRRRR Method→New York City BRRRR Method→Orlando BRRRR Method→Philadelphia BRRRR Method→Phoenix BRRRR Method→Raleigh BRRRR Method→San Antonio BRRRR Method→Seattle BRRRR Method→Tampa BRRRR Method→Salt Lake City BRRRR Method→