Cash flow from episode 281

[Michael Stutelberg]

Just listened to the podcast episode 281, thought it was a great episode, and I have a question regarding Jacob’s cashflow. Jacob has a mortgage of $140 with rent of $475. Can someone help me understand how this is cashflowing so well (states cashflow is $300)? I thought insurance, cap ex, vacancy, taxes, etc should be considered and then determine the cashflow? Again a great episode with a lot of helpful information. Thanks.