BRRRR Calculator — Memphis, TN

Memphis is a high-yield BRRRR market with very low entry points. No state income tax and strong Section 8 demand create reliable cash flow. The key risk is neighborhood selection — block-level due diligence is essential.

Median Price

$170,000

Rent Yield

9.5%

BRRRR Entry

$75,000

Target neighborhoods: Cooper-Young, Binghampton, Normal Station, Frayser, Whitehaven

Local tip: Section 8 tenants can significantly de-risk the Rent phase — guaranteed payment, long tenure. Check HUD Fair Market Rents for Memphis to price your rehab scope appropriately.

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

Also analyze deals in Birmingham, Jacksonville, or Atlanta.

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

103.1%

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

Monthly Cash Flow

-$217

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

DSCR at Refinance

0.70

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$18,450
Loan amount$60,000
Monthly payment (rehab)$5,331

Rehab

Total rehab cost (w/ contingency)$28,750
Carrying costs (total)$22,664
Carrying costs (monthly)$5,666

Refinance

Appraisal used by lender$140,000
New loan amount$105,000
Cash returned at refinance$72,005
Cash left in deal-$2,141
New monthly payment$734

Cash Flow (Annual)

Effective gross income$12,144
Operating expenses$5,940
Net operating income$6,204
Debt service$8,810
Annual cash flow-$2,606

Returns

Total cash invested$69,864
Capital recovery rate103.1%
Cash-on-cash return
Cap rate4.4%
DSCR0.70
IRR29.2%

Sensitivity Analysis

ARV Variance

-20%
74% recovery-$70/mo
-15%
81% recovery-$107/mo
-10%
88% recovery-$144/mo
-5%
96% recovery-$180/mo
Base case
103% recovery-$217/mo
+5%
110% recovery-$254/mo

Rehab Overrun

Base case
103% recovery-$217/mo
+20%
95% recovery-$217/mo
+30%
92% recovery-$217/mo
+50%
85% recovery-$217/mo

Rent Variance

-15%
103% recovery-$352/mo
-10%
103% recovery-$307/mo
-5%
103% recovery-$262/mo
Base case
103% recovery-$217/mo
+5%
103% recovery-$172/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 · $75,000 — $18,450 cash at closing

Rehab Complete

Month 4 · $28,750 total rehab cost

Tenant Placed

Month 5 · $1,100/mo rent starts

Seasoning Met

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

Refinance

Month 6 · $72,005 returned, -$2,141 left in deal

Year 1

Month 12 · -$2,606 annual cash flow

Month 0: Purchase$75,000 — $18,450 cash at closing

Month 4: Rehab Complete$28,750 total rehab cost

Month 5: Tenant Placed$1,100/mo rent starts

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

Month 6: Refinance$72,005 returned, -$2,141 left in deal

Month 12: Year 1-$2,606 annual cash flow

Capital Recovery Waterfall

Show data table
CategoryAmount
Total Invested-$69,864
Recovered at Refi$72,005
Cash Flow Y1-$2,606
Equity Y1$5,168
Net Position-$465

Sensitivity: ARV vs Rehab Overrun

ARV+0%
Rehab Overrun+0%
Rent+0%
Capital Recovery103.1%
Monthly Cash Flow-$217
DSCR0.70