I determine cash flow by subtracting the mortgage payment (P & I only) from 1/2 of the gross monthly rents.

So, if you pay $10K in closing costs to sell it, then you subtract that and the basis off the $130K, leaving you a gain of $2K.

If the current tenant damaged the carpet, then I would definitely subtract it from his deposit and that would certainly not be limited to a cleaning fee.Mike

So, subtract your monthly mortgage cost and calculate how profitable they would be.Assuming they're not losing money I'd probably consolidate for a bit, not take on any more debt (of any kind), pay down all debt, but particularly pay off the SMALLEST loan.

Subtract the $10,000 in repairs, then another $10,000 for our assignment, and you get $29,500.

Is so, I can calculate the additional property taxes and subtract that by 10% of the rents, but I'm not sure if that's even accurate.

when you guys determine arv you multiply the expected sales price by.7Then subtract repair costs.But, do you also subtract all the quiet costs?

I subtracted from the cheapest one because that sold in March.

Once you subtract all the deductions from the rent received, you're left with a negative number.

.$500 - $100 = $400 <------- Subtract your cashflow.$60,200 for 30 yrs @ 7% = $400.51 <----- The most you could pay for a property that rents for $1000.Somebody feel free to correct me if I'm wrong.Bartstop