BRRRR Calculator — Las Vegas, NV

Las Vegas combines no state income tax with strong rent growth driven by continued population influx from California. Tourism employment creates consistent rental demand, though it can be cyclical during economic downturns.

Median Price

$380,000

Rent Yield

6.2%

BRRRR Entry

$180,000

Target neighborhoods: North Las Vegas, Sunrise Manor, Whitney, Enterprise, Spring Valley

Local tip: Nevada caps annual property tax increases at 3% for non-owner-occupied properties — this protects your cash flow projections from surprise tax hikes after rehab.

Numbers below are pre-loaded with typical Las Vegas market data. Adjust to match your specific deal.


BRRRR Calculator

Buy, Rehab, Rent, Refinance, Repeat — decision-grade analysis

Compare Scenarios
Deal Inputs
$

What you're paying for the property before rehab.

$

Total renovation cost estimate before contingency.

$

What the property will be worth after renovations, based on comparable sales.

$

Expected monthly rental income from the property.

%

Percentage of purchase price paid upfront.

%

Loan-to-value ratio for the refinance. Most investors target 75%.

%

Interest rate on the long-term refinanced loan.

Capital Recovery Rate

111.3%

Percentage of your total invested cash recovered through refinance. 80%+ is strong. Below 60% means significant capital stays trapped.

Monthly Cash Flow

-$686

Net monthly income after all expenses and the refinanced mortgage payment. This is what hits your bank account each month.

DSCR at Refinance

0.56

Debt Service Coverage Ratio — net operating income divided by annual mortgage payment. Lenders typically require 1.0+ and prefer 1.25+.

Warnings

Deal Breakdown

Purchase

Cash at closing$44,280
Loan amount$144,000
Monthly payment (rehab)$12,794

Rehab

Total rehab cost (w/ contingency)$34,500
Carrying costs (total)$52,677
Carrying costs (monthly)$13,169

Refinance

Appraisal used by lender$300,000
New loan amount$225,000
Cash returned at refinance$146,351
Cash left in deal-$14,894
New monthly payment$1,573

Cash Flow (Annual)

Effective gross income$17,664
Operating expenses$7,020
Net operating income$10,644
Debt service$18,879
Annual cash flow-$8,235

Returns

Total cash invested$131,457
Capital recovery rate111.3%
Cash-on-cash return
Cap rate3.5%
DSCR0.56
IRR19.7%

Sensitivity Analysis

ARV Variance

-20%
78% recovery-$372/mo
-15%
86% recovery-$450/mo
-10%
95% recovery-$529/mo
-5%
103% recovery-$608/mo
Base case
111% recovery-$686/mo
+5%
120% recovery-$765/mo

Rehab Overrun

Base case
111% recovery-$686/mo
+20%
106% recovery-$686/mo
+30%
103% recovery-$686/mo
+50%
98% recovery-$686/mo

Rent Variance

-15%
111% recovery-$883/mo
-10%
111% recovery-$817/mo
-5%
111% recovery-$752/mo
Base case
111% recovery-$686/mo
+5%
111% recovery-$621/mo

This analysis is an estimate based on the inputs you provided. Actual results will vary. Not financial advice. Consult qualified professionals before making investment decisions.

BRRRR Timeline

Purchase

Month 0 · $180,000 — $44,280 cash at closing

Rehab Complete

Month 4 · $34,500 total rehab cost

Tenant Placed

Month 5 · $1,600/mo rent starts

Seasoning Met

Month 6 · 6 months — eligible for full-ARV refinance

Refinance

Month 6 · $146,351 returned, -$14,894 left in deal

Year 1

Month 12 · -$8,235 annual cash flow

Month 0: Purchase$180,000 — $44,280 cash at closing

Month 4: Rehab Complete$34,500 total rehab cost

Month 5: Tenant Placed$1,600/mo rent starts

Month 6: Seasoning Met6 months — eligible for full-ARV refinance

Month 6: Refinance$146,351 returned, -$14,894 left in deal

Month 12: Year 1-$8,235 annual cash flow

Capital Recovery Waterfall

Show data table
CategoryAmount
Total Invested-$131,457
Recovered at Refi$146,351
Cash Flow Y1-$8,235
Equity Y1$11,074
Net Position$6,660

Sensitivity: ARV vs Rehab Overrun

ARV+0%
Rehab Overrun+0%
Rent+0%
Capital Recovery111.3%
Monthly Cash Flow-$686
DSCR0.56