Real Estate Agent · Hudson Valley and Catskills, NY · Member since 2020 · 26 posts · 26 votes
3y
Starting with a mortgage calculation based on what loan product I might be using. Then on to rehab costs, and market rent comps. In this economic environment, it's all about the payment and how that effects the bottom line.
Also depends on what you plan to do with the property. This scenario is a BRRR or long term buy and hold LTR or STR.