@Jacob Song Not that taxes are really high compared to other places its just something to be aware of.  

These assumptions are based on a particular sqr footage. But how do you think the basic methodology works?thanks! Item Cost Life years Months Cost Per Month Roof $ 6,000.00 25 300 ...

Here is an easy formula for success in real estate:Become a better buyer + Buy local based on your own calculations + Manage your own assets + hard work and lots of it = financial freedom

NOI is multiplied by a cap rate that fluctuates under market conditions.This formula renders how the asset is 'actually doing' in the current market.

I just followed a wholesale deal analyzing formula (*************'s 30 days to quick cash). 

A simple formula price you hope to sell it for times 70% minus yor fee gives you the moa max allowable offer

Crank the song Home Sweet Alabama on your stereo as you pull into their driveway.

It's a simple formula based on a simple concept....Cash out divided by Cash in over the course of the first year ONLY.  

Insurance companies each have a formula they use to find the depreciated value of something based on age, product, how long that product is expected to last etc.

If you want the quick formula for your SFR:PGI (potential gross income)-VCL (vacancy and credit losses)+OI (other income--laundromat, cable etc)=EGI (effective gross income)-OE (operating expenses)=NOI (net operating income)If you get financing, you do not factor that into this equation.