Your First Deal Analysis
Welcome to reSniper! This guide will walk you through analyzing your first real estate deal in under 5 minutes.
Choose Your Strategy
reSniper offers four investment strategy calculators. Here's how to choose:
| Strategy | Best For | Time Horizon |
|---|---|---|
| BRRRR | Investors who want to recycle capital through refinancing | 6-12 months to refinance |
| Turnkey Rental | Passive investors seeking stable cash flow | Long-term hold (5+ years) |
| Fix & Flip | Active investors seeking quick profits | 3-9 months |
| Short-Term Rental | Airbnb/VRBO investors in tourist markets | Long-term hold with active management |
Step-by-Step: Analyze a BRRRR Deal
Let's walk through a complete BRRRR analysis using a sample property.
Step 1: Start a New Deal
- Click "New Deal" from your dashboard or the top navigation
- Select "BRRRR" as your investment strategy
- Enter the property address (or skip if analyzing a hypothetical deal)
Step 2: Enter Property Details
Fill in the core property information:
- Purchase Price: What you'll pay for the property (e.g., $150,000)
- After Repair Value (ARV): What the property will be worth after renovations (e.g., $220,000)
- Rehab Cost: Total renovation budget (e.g., $40,000)
- Expected Rent: Monthly rent after rehab (e.g., $1,800)
Step 3: Review Key Metrics
The calculator instantly shows you:
- MAO (Maximum Allowable Offer): The most you should pay to hit your targets
- Money Left in Deal: How much capital stays trapped after refinancing
- Monthly Cash Flow: Your profit after all expenses
- Cash-on-Cash Return: Your annual return on invested capital
- DSCR: Debt Service Coverage Ratio (lenders want 1.25+)
Step 4: Interpret the Deal Quality
reSniper rates every deal:
- 🟢 Great: Get all money out, strong cash flow, DSCR ≥ 1.25
- 🟡 Good: Minimal money left in deal, decent cash flow
- 🟠 Marginal: Numbers work but tight margins
- 🔴 Pass: Negative cash flow or insufficient DSCR
Step 5: Save and Track
Click "Save Deal" to add it to your pipeline. From there you can:
- Change the status as you progress (Analyzing → Offer Made → Under Contract → Purchased)
- Generate a PDF report to share with partners or lenders
- Share a public link for collaboration
Tips for Accurate Analysis
- Get accurate ARV: Use 3+ comparable sales from the last 90 days
- Don't underestimate rehab: Add 10-20% contingency for surprises
- Verify rent estimates: Check Rentometer, Zillow Rent, or local listings
- Include all costs: Property taxes, insurance, vacancy, and management fees
Next Steps
- Explore other calculators: Turnkey, Flip, STR
- Learn the terminology: Check our Glossary
- Track your portfolio: Learn about Portfolio Tracking