Do Your Own Numbers!!!

[Donnell Durden]

So Im currently listening to episode #211 and Brandon keeps saying "Do your own numbers"

I'm a newb but I like to think I'm kinda smart so below I list all the number I can think to "do" in order to

calculate a deal. help me out if I miss anything.

Cost of home

Available cash to put down

Amount borrowed

Mortgage payment

Mortgage interest (the cost of the loan)

Insurance

Taxes

Cap ex (monthly % saved for big ticket items)

After repair value (arv)

Appraisal amount?

Near by homes costs?

Rental income

Misc income

To my understanding you simply add all of these numbers together against each other.

If you can manage to get the property at or below 70% of its value and the expenses are lower than the income then you are in good shape.

That coupled with how much of your own cash is involved to know how much you'll need to extend yourself.

What am I missing here? This seems too easy