Subtract that from the rent (1400 minus 750) and that would give you a gross profit (i.e. before repairs, vacancy, etc) of 650 per month.Maybe figure 200/mo for repairs, vacancy, etc and you're left with an actual net profit of 450/mo or 5400/yr on 45k investment.

Why not subtract the cost of removing tank + oil leaking mitigation costs from your offer price.

So if I do a 1031 exchange for 1.1;1) do we have to buy another property for 1.1, or the value after, taxes, commissions, etc.It's based on the net sale price, so take your gross sale price of $1.1 million and then subtract your selling expenses of broker's commission, title insurance costs, escrow/closing attorney fees, recording fees, 1031 exchange fees, etc. 

It's easier if I just subtract the 801,950 max loan limit from the sale price of 1,150,000 and get the same result of 348,050.Otherwise the lender would have to adhere to high balance guidelines which is 35% down and trust me you dont want that anyway. 

For the purchase of a flip or a rental that requires extensive rehab before ready, included in basis.Rebates from mortgage broker - generally subtracted from basis, unless specifically indicated as a rebate for points/loan origination fees, then netted against those.  

It's basic addition/subtraction, with the exception of how to amortize a loan to find the loan amount, but you can look that up online.For reading I'd suggest some or all of the following:-Rich Dad Poor Dad (Not really a -Cash Flow Forever-The Millionaire Real Estate Investor-The 4 hour work week

If you are going to be in notes, study the present value formula, basically principal x interest /360 = interest factor per day x 30 - monthly interest, subtract that from the required payment gives the amount to apply to principal, giving you a new principal balance after that payment.

ARV= $200,000Multiply by = 70%Subtract rehab costs = $15,000Final wholesale price = $125,000?

It's not in a great area and the opportunity for cash flow I am afraid will be negative for you every month.Say you rent it for $1500You subtract $1200 for mortgageThat leaves $300.Now you still have maintenance, insurance, and vacancy not yet in the calculation.10% is a good rule of thumb for those 3 things.That comes out to $450You lose $150 every month by holding this property.It doesn't sound like a great deal to me. 

Subtract the percentage of land as assessed by your county from the amount you bought your house and that is the depreciable basis.