Use an online mortgage calculator to get an amortization schedule and present it with the offer.

When choosing an investment city, don't rely solely on simple return calculations; consider all major recurring costs.

.- Consider using tools like the BiggerPockets calculators to run numbers and see what kind of cash flow you can expect from different types of properties.1.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

How do I calculate that?  

Keep this in mind when calculating potential profitability.Research active and potential competitive rentals in your intended market near Gatlinburg, not just through AirDNA, but searching booking platforms.

For example, if your rental generates $25,000 in income and you have $10,000 in depreciation, it can reduce your taxable rental income to $15,000.Happy to discuss this further.

I have used the analysis calculator and have come up with 480k as the lowest COC return I would be happy with. 

If the bill is $100 a month split between four units, increase it to $120 and charge each tenant $30.How to calculate charges.

Lenders will use your tax returns schedule E to calculate your monthly rental income.