The number don't seem to add up... using BP rental calculator...

[Edward Damhuis]

I purchased my single family home a couple of years ago and since have it rented out. I use a property manager so that is an added expense but he has been a god send to this point. My issue is, that I have run all of the exact numbers using the rental property calculator to analyze my house. The numbers don't add up. My actual cashflow is barely $100 and it would be negative if I were to factor in all additional costs(i.e. CapEX, Vacancy, Maintenance costs) other than my property manager. The calculator is showing that after all of those items factored in I should still have a cashflow of $250+. Again, I have used all actual numbers from my bank statements/end of year tax docs, and triple checked that I was putting all the numbers in the right blocks using the calculator, and the numbers don't add up... I'm a bit discouraged. The only other variable factor would be that I used a VA loan. Obviously thats quite a difference from a traditional or FHA loan but from the research I have done it shouldn't be costing me more money, especially since I took the actual loan amount and typed that into the calculator. Does anyone have any thoughts or suggestions?