Use time to multiply your knowledge.

I do 2 year agreements quite often, but on the terms I need.Take your present rent and multiply it by 1.04 to 1.06 and you have your 2 year amount.  

That implies monthly income for any single one of at least 3x that, or basically $2800 (originally divided the monthly rent by three since that is the roommate quantity, and then multiply result by 3 for minimum qualifying income per month).

Much appreciated.I'm beginning to think my sister who is not so savvy keeps mentioning their current mortgage of 2k and saying multiply by 3 for income verification.

Take all those items and multiply $/mo for that item and multiply by the approx age of the item ... add them all up and that is the minimum size of your CapEx reserve fund ... it is also a good idea to add several months carrying costs to cover vacancies as you have described above.

Once you have that number, just multiply the number of hours you're working by that hourly rate, and that is the expense you should be applying to your P&L.  

Figure out the ARV, multiply by 70%, then subtract the cost of repairs to get your maximum purchase price. 

If vaccines fail and we have the next surge as we are seeing in Europe, the problems for NYC will multiply.

Multiply it out 25 X 4=100.00 a month  Or 1200.00 a year.

You can typically figure the monthly PMI by multiplying the final loan amount by .85 and then divide by 12 (i.e. $200,000 * .85 = $1,700 / 12 = $141.66/month).Hope that helps.