Finding a properties “Homerun” number?

[Camden Keller]

Hello everyone I am fairly new to BiggerPockets and have enjoyed reading all of the conversations I have found on the site! I am a young individual just starting to learn as much as possible about real estate investing my personal goal is to find and rent or house hack my own property. I have been reading and researching all that I can.

My big question as of now is how are people finding the ideal “Home run” numbers or price that makes a property worth even looking into. Maybe some simple equations or other ways to run the given numbers on a property to find the purchase price that is going to make cash flow

Any and all advice is welcome! And of course, thank you!