Subtract the $60k+ in selling commissions plus who knows what in seller’s concessions.

Ok, so assuming a 210k valuation, the max cashout is going to be between 20-35k (take 75-80% of value for new loan, and subtract current loan balance).

This will allow you to accurately estimate numbers going forward As far as calculating your selling proceeds/losses - just add up/subtract everything.

If the rehab is already part of the ARV why subtract it again?

Subtracting insurance and a guess at property taxes, your maximum principal & interest payment would be ~$4200/mo. 

Overall, we made money by holding it, even after subtracting the damage repair costs.

Then subtract all operating expenses such as taxes, insurance, maintenance, property management fees, and vacancy rates to determine your Net Operating Income (NOI).2.

What should be done is the expected remaining life of all replacement systems taken and divided into the replacement cost and that number used as a “reserve” expense item to be subtracted from revenue.  

My setup is:All units separately meteredElectric-only (no gas)Tenants would pay their own electricI’d likely cover water/sewer since Philly usually keeps it in the landlord’s nameI know PHA subtracts utility allowances before approving the rent, but I’m trying to get a real-world sense of:Are you able to get close to that $1,830 cap in practice?

Subtract 5% of the gross income for cap ex (39,600*0.05 = 1,980).