Property fundamentals
Rehab
Repairs and updates to a property — cosmetic (paint, flooring, fixtures), systems (HVAC, electrical, plumbing), or structural.
Why Rehab matters
BRRRR investors deliberately buy properties that need rehab so the post-renovation appraisal supports pulling most of their cash back out. Underestimating rehab is the single most common way a BRRRR deal fails.
Run the math on a real deal
TrueCap has a free calculator for this. Paste an address or enter numbers manually — get Rehab plus all the supporting metrics in 60 seconds.
Try the free Rehab calculatorRelated terms
BRRRR
Buy, Rehab, Rent, Refinance, Repeat. A strategy that recycles capital across deals by refinancing ba…
ARV (After-Repair Value)
What the property would sell for once rehab is complete. The most important — and most-mis-estimated…
CapEx (Capital Expenditures)
Reserves for large infrequent repairs — roof, HVAC, water heater. Typically 5–10% of rent set aside …
Offer Ceiling
The highest modeled purchase price that still meets your selected targets under the assumptions show…
Ready to run the Rehab math on a real deal?
Free 60-second analysis, sourced assumptions, no signup — and Pro calculates the highest modeled Offer Ceiling that still meets your selected targets under the assumptions shown.
Free download
The Market Intelligence Pack
Every state's investing benchmarks on one table, the rent-to-price screen, and HUD rent benchmarks for 150 markets — the same sourced data that pre-fills every TrueCap analysis.