How to Analyze Deals - specific numbers and calculations

[Kenneth Ehrmann]

Hello, after a year of listening to this great podcast and reading multiple books from BP, I'm starting to analyze deals.  Even if it isn't to purchase yet, but more for just practice as it is so highly recommended.  I do have the cash ready to pull the trigger if a deal came along.  I have a real estate agent sending me listings.

I'm hoping for some concrete recommendations on analyzation numbers.  I know about the 50% rule and the 2% rule.  Right now when I'm calculating total expenses for a property I'm using:

- Vacancy 8%

- CapEx %5

- Management 5% (even though I will manage myself)

- Property taxes (based on information)

- Repairs 5%

- Insurance 3%

Is there more I should be looking at? I want to learn how to analyze the numbers but I've never heard or read any specifics.  I'm a numbers guy, but I don't even know the right formulas.