Account for Vacancy, Repairs, & CapEx in Cash Flow Analysis?

[Aaron Moayed]

Hi,

When you're determining the potential cash flow of a prospective investment property, do you include repair, vacancy, and cap ex allocations?

Right now, I'm accounting for the rent, then subtracting mortgage, RE taxes, insurance, and property management.

ALSO, if you do or do not, what are the numbers you look for? I hear $100-200 positive cash flow as a goal from a lot of people on here, but I'm unsure if this is including repair, vacancy, and potentially CapEx.