I have built myself a base plan and tweaked it about 100 times at this point.

There are 4 tabs that will figure yearly payments for 4 different loan types (5yr, 10yr, 15yr, 30yr) based on the 75% LTV.Obviously, you can tweak the percentages (or any other assumptions), but I'd save a 'golden copy' , before you start modifying it too much.All of this info is calculated to show you what your yearly cashflow will be - based on your rent, debt service, vacancy/repair percentage.Download it and look at it - I'll answer any questions I can and I hope this helps some of you.LGF Group Evaluation SpreadsheetOffered as an educational aid - no warranties express or implied, etc, etc, etc

I've got an idea for a future article about efficient Craigslist property search algorithms for off-market properties, so if that tweaks anybody's nerdy side, let me know and I'll get going on the article.I'm always looking to connect and work with other investors, financers, or contractors, especially those with an interest or presence in Milwaukee, so feel free to make a connection request and I'll be happy to connect. 

I would check that out and start from there make it easy on yourself, tweak it so that it suits your needs.

At one property the oil costs were $4,700 a year, and after the gas conversion were $1,500 a year.Insurance coverage & deductibles:  By tweaking the coverage and deductibles you can potentially lower the insurance premiums. 

I made a few minor tweaks but it worked well. 

You probably would need to tweak your marketing list and farm areas.You've indicated you are targeting "Absentee Owners". 

@Sterling White I may be behind the times, but I use a digital voice recorder, then run it through dragon and tweak things from there.

@Gary A. ya always tweaking.

Maybe others have tweaks how I can reach the goal sooner?