Perhaps, you may want to focus on keeping your units rented with a different formula.

Hi Josiah,Ricks point about repeating the formula is a good one.I'm a contractor and work with a number of investors on rehabs and major upgrades.

I have made some offers that could be perceived as "offensive" by sellers and their agents using this formula.

Does anyone have a trick or a formula they follow when just reading about a property in a real estate magazine.

It was called flipping formula if anyone is familiar with that.

The other half pays the principle and interest payment - whatever is left over from that half is your actual profit.Based upon the 50% formula, what is your actual monthly profit?

Are there other formulas that I should be looking at, besides cashflow, CAP Rate, PBP, and APY?

I've attached a modified version of this spreadsheet and it has been sitting in my computer this way for quite some time because I haven't found the time to put the formula's together.

You know you're an investors when:1) you bought the cat urine house and you're trying formulas and methods of applying deck and porch enamel on the floors inside yourself to prove to the painter he CAN get that smell out.2) your broker is reassigning a HELOC to one house instead of being attached to several to give you less than 10 mortgages on a loan.3) your lawyer says the title is messed up on the house you're buying and it's going to take $2000 to straighten it out and you go out and find a title insurance company to do the job instead for $150.00.

But, if you make $100K a year, and blow every last penny on wine, women and song, they your mom and dad could give you a $5000 gift, which you turn around and put into your IRA.But, that has nothing to do with their contribution limit.