BRRRR Close

Congrats on the close. That's a significant refi appraisal value, did you factor in any potential rent bumps in the pro-forma to support the $375k valuation? What are the current expense ratiso looking like, and how's the loan sized in relation to the cap rate? I'd love to see the numbers behind this deal, especially considering the $50k left in - what's the plan for that equity? Is it a buffer for future expenses or a potential seed for the next project?

Congrats on the close, but let's dive into the numbers. What are your vacancy assumptions for this property, and how did you account for potential losses in your projections? Additionally, have you considered the impact of CAM reconciliation on your cash flow, especially if you're planning to hold this property long-term? What's the tenant profile like - are they creditworthy, and what's the average lease term? With $50k left in, I'm assuming you're looking to cash-out refi or hold, but what's the plan for the remaining balancce? Lastly, what's the expected cash-on-cash return, and how does it stack up against your initial projections?