Flipping & BRRRR Strategy ROI Calculator

Calculate ROI, cash flow, and equity growth for house flipping and BRRRR real estate investments.

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House Flipping vs BRRRR: Two Paths to Real Estate Wealth

Flipping: Buy distressed property for $150K, invest $50K in rehab, sell for $250K = $50K profit in 6 months (minus 10% in costs = $25K net). Fast cash, but you pay capital gains tax and start over. BRRRR: Same property, same rehab, but refinance at $200K (80% LTV), pull out your $50K, and rent for $1,800/month. Keep the asset, build equity, repeat indefinitely.

Flipping is a job—you stop working, income stops. BRRRR builds a portfolio that generates passive income forever. The catch? BRRRR requires patience, landlord skills, and dealing with tenants. Flipping needs speed, accurate rehab budgets, and timing the market. Both beat stock market returns when done right.

House Flipping Breakdown

Typical Flip Numbers

  • Purchase: $150,000
  • Rehab: $50,000 (kitchen, baths, flooring)
  • Holding Costs: $6,000 (6 months @ $1K/mo)
  • Selling Costs: $18,750 (7.5% commission + closing)
  • Total In: $224,750
  • Sale Price: $250,000
  • Net Profit: $25,250 (11.2% ROI)

Hidden Costs

  • Loan interest: $5-10K (hard money at 10-12%)
  • Property taxes during hold
  • Insurance (vacant property rates higher)
  • Utilities during rehab/staging
  • Permits & inspection fees
  • Unexpected repairs (always budget +20%)
  • Capital gains tax: 20-37% if you flip more than one property/year
Reality Check: HGTV makes flipping look easy. Real success rate for first-time flippers is ~40%. Common failures: overestimating ARV (After Repair Value), underestimating rehab costs, bad timing on market downturn.

BRRRR Strategy Breakdown

BRRRR = Buy, Rehab, Rent, Refinance, Repeat. The goal: recycle your capital by pulling it back out through refinancing, then repeat with another property.

Phase 1: Buy & Rehab

  • Purchase: $150,000 (distressed)
  • Down Payment: $30,000 (20%)
  • Rehab: $50,000
  • Total Investment: $80,000
  • Property Value Post-Rehab: $250,000

Phase 2: Rent & Refinance

  • Rent: $2,000/month
  • Refinance at 80% LTV: $200,000 loan
  • Pay Off Original: -$120,000
  • Cash Out: $80,000 (recover full investment!)
  • Monthly Cash Flow: $300-500/mo

The BRRRR Advantage

You recover your $80K investment through refinancing, so you can do it again. Do this 5 times = 5 properties with the same $80K, generating $1,500-2,500/month total cash flow + equity growth + tax benefits. Infinite ROI because your capital is recycled.

Side-by-Side Comparison

Factor House Flipping BRRRR Strategy
Time to Profit 4-6 months 12-18 months
Initial Capital $50K-100K per deal $50K-100K (reusable)
Profit Type One-time lump sum Ongoing cash flow + equity
Tax Treatment Short-term capital gains (high) Rental income (depreciation offsets)
Scalability Limited by capital & time Infinite (recycle capital)
Risk Level High (market timing) Medium (tenant risk)
Ongoing Work None after sale Property management
Wealth Building Active income (job) Passive income (business)

Critical Success Factors

For Flipping

  • ARV accuracy: Comps within 0.5 mile, sold last 90 days
  • 70% Rule: Max purchase = (ARV × 0.7) - Rehab
  • Speed: Every extra month holding kills profit
  • Contractor reliability: Bad contractor = blown budget
  • Market timing: Don't flip into downturn
  • Exit strategy: Have backup plan if it won't sell

For BRRRR

  • 1% Rule: Monthly rent ≥ 1% of purchase price
  • Forced appreciation: Buy 30-40% below ARV
  • Refinance readiness: Good credit (720+), 6-12 month seasoning
  • Cash flow buffer: $200-300/mo minimum after PITI
  • Property management: DIY or hire at 8-10%
  • Reserve funds: 6 months expenses for vacancies/repairs

Common Mistakes to Avoid

Deal Killers

Flipping:

  • Overimproving for neighborhood
  • No contingency budget (always add 20%)
  • Emotional attachment to property
  • Buying without pre-approved financing
  • Ignoring permit requirements

BRRRR:

  • Refinancing too soon (need 6-12 mo seasoning)
  • Overleveraging (shooting for 100% return)
  • Underestimating vacancy rates (5-10% normal)
  • Bad tenant screening (costs thousands)
  • Ignoring property management burden

Frequently Asked Questions

Flipping: Better for quick cash, don't want to be landlord

BRRRR: Better for long-term wealth, portfolio building, passive income

Flipping: $50K-100K minimum (down payment + rehab)

BRRRR: $50K-100K initially, but reusable through refinancing

Formula: Max Purchase Price = (ARV × 0.70) - Rehab Cost

Example: $250K ARV × 0.70 = $175K - $50K rehab = $125K max purchase

Monthly rent should equal 1% of purchase price

$150K property should rent for $1,500/month minimum

Realistic timeline: 4-6 months total

2-3 months: Rehab

1-3 months: Listing to closing

Yes, if: You buy 30-40% below market and add value through rehab

Banks refinance at 75-80% of appraised value, letting you pull capital out

Flipping: 620+ for hard money, 680+ for conventional

BRRRR: 720+ ideal for best refinance rates and terms

No, but hire licensed contractors

You need permits for major work. Unlicensed work kills appraisal and resale

Options: Keep as rental with original loan, sell (becomes flip), or wait for market appreciation

Always have backup plan before starting

BRRRR: Better in any market (hold long-term)

Flipping: Risky in declining markets, great when prices rising