You can't calculate it like that because you are going to make about 20 percent of mistakes buying on your first 5-8 properties.

To determine rehab costs, calculate the After Repair Value (ARV), total rehab costs, purchase price, and other expenses.

Welcome Scott,There's a ton of useful resources here on Bigger Pockets from calculators designed to show profit/loss to seasoned investors giving advice.

  #1, they removed pro/platinum features (calculators is what I care about)

This would also make a big difference when calculating your net gain. 

(I asked ChatGPT to calculate this, and you are better off to invest that extra money rather than payoff your mortgage depending on your mortgage rate.

These expenses would lower your taxable income and further reduce your overall tax liability.

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.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

To address these properly, we’d need to understand your complete tax situation, as many of these calculations depend on context.