Does the BRRRR work on this one?
Give Mike the purchase price, rehab, after-repair value and rent, or just the address and let him estimate value and rent. He runs the refinance and tells you what stays in the deal.
Your first three questions need no account, and your first photo card is free. Start free, no card.
What you get
- All-in cost and the refinance loan
- Cash left in the deal, or cash pulled out
- Monthly cash flow and cash-on-cash return
- Debt coverage, with a flag when a lender may balk
Assumptions
Anything you leave out is filled from a stated default, like 75% loan-to-value and 5% vacancy, and Mike lists every one.
FAQ
Can I change the refinance terms?
Yes. Tell Mike your lender's rate and loan-to-value.
How much does Mike AI cost?
Free to try. 7 days free with no card, then $9.99 a month, or $19.99 a month for Plus. Cancel anytime.
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