Investment rule of thumb Calculations

[Bobby Gill]

Let’s make a list of rule of thumb calculation post. Also, Correct me if I’m wrong.

70% rule: ARVx70%-Repair cost= Purchase Price

1% rule: 1% of Purchase = monthly rent est.

50% rule: 50% of rent goes toward expenses. Not including debt services/mortgage payment

Please add to post with other rules of thumb for investing...