Running the Numbers - Am I missing something?

[Christine Smith]

I need a little feedback. This is my formula for running numbers on a property (it's faster than running a million BP reports). We're using a HELOC for our downpayment (that's the G-column), and I'm calculating CapEx, Vac, Maintenance at 25%. It's leaving me at a loss at each property.

Where would you go from here? What would you change? What am I missing? 

Thank you!

[Nicholas L.]

@Christine Smith as in - say you posted here that you were going to BRRRR a house, take all your cash out, and break even on the monthly rent. OK, not a great deal (and @Joe Villeneuve would hate it) but at least your cash isn't tied up.  Here, you're saying you'd invest $100K down, plus closing costs, in order to negative cash flow?  There are CDs paying 2-3% now - you could put the money there instead.  That's why I asked what your goals are.