Backing into numbers of exist. property w/ Rental Unit Calculator

[Brian Falcon]

All, I have not used the Rental Unit Calculator yet because I don't want to waste one of my 5 free tries. I wanted to start by running numbers on my current (and only) rental which was my last single family home. We built new last year and were able to keep the old one as an investment property. We put a HELOC on this rental to help fund the new construction. So a couple questions I have:

- What do I put for home price?  We purchased for $258k in 2004, but based on Redfin/Realtor/Zillow, it's current value is $435-$465k.  Should I use current price so this represents an accurate value as if I were analyzing this for whether or not it would make sense if I was looking at this to purchase?  My goal is to mimic the process I'll use when searching for viable properties.  

- Our HELOC is currently $191k, so I assume instead of mortgage payment value I'd just put what we are paying per month on the HELOC, right? Also, assuming I want to get that HELOC debt down more quickly (and put towards another property more quickly) I assume makes sense to use whatever cashflow I have after my other expenses to get this down?

- We have GREAT renters who signed a 2 year lease.  Rent is $2,275.  We anticipate them renewing next year for another 2 years, as we're in a great neighborhood with lots of little kids for theirs to play with.

When you create one of these reports, does it save them under your profile, or is a one and done thing? I'd like to be able to come back to it and edit line items from time to time if I need to, or just have access to it. I want to use this as a working analysis tool until we get our HELOC paid down and I can dip into it for my next rental property. I'm sure I'll remember more questions I have as soon as I hit the Create Post button, but I appreciate any help you all could offer. Thanks!

Brian