Cash Flow Per Door Calculation - September 2023

[Paul Malandrinos]

Interested in thoughts on the following cash-flow related topics:

- I've developed a spreadsheet that calculates cash flow both before taking into account the depreciation tax benefit and after.  Do folks generally take into account estimated tax savings when calculating cash flow?  Or is cash flow strictly a function of monthly income minus monthly expenses, period?

- I'm thinking that I could tolerate less cash flow for 1-2 (?) years in anticipation of mortgage rates coming back down from 7-8% to the 5-6% range at some point.  Obviously the rub here is the expectation that at some point rates will drop.  Thoughts?

- Lastly, given current mortgage rates, are folks still generally targeting $100-200 per door?  Or has that target been temporarily lowered?