However, the impact of this method depends on how interest is calculated on your loan (e.g., daily vs. monthly compounding).Bi-Weekly Payments: Paying bi-weekly effectively means you're making one extra payment each year (26 half-payments vs. 12 full payments).

ROE is also a snapshot in time depending upon when you calculate it.

It’s similar to the mortgage calculators you can see online but can add extra payments.

You're 3-5 years too late:(As you've calculated, you won't cashflow anytime soon - without changing your priorities.Example: you have roommates now, but don't want them if you buy.- While this is your perogative, how much monthly are you giving up?

I am looking to take the (calculated) plunge early 2025. 

@Brian Scott don't forget to incorporate the tax savings into your calculations too!

One thing thats hard to calculate is rent growth.

**Questions:**- I have no idea if my calculations on what the my costs for leasing the house are anywhere near accurate.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

This is rent minus mortgage PITI and property management fee 10% (I don't include capital expenses in that calculation since I already set aside a reserve fund and the HVAC and water heater are 5 years old.