Using the 70% before subtracting repairs 160,425. 

Whatever it's going to cost me to get done correctly plus the time and inconvenience  - that's how much I'm subtracting out. 

As for an offer, start with your ARV and subtract out your renovation costs, financing costs, a reserve amount for contingencies, any profit margin if you plan on flipping it, closing costs for both the buy and sell sides, and soft costs for the permitting, etc.

Don't they think people can add and subtract out the different fees?

You have to subtract minimum monthly credit card debt payments, car leases and loans, student loan payments, etc.If you have $0 debt, you can qualify for a total mortgage payment of $3,437.50.

It's a website that keeps track of which cards you should be adding and subtracting to maximize the bonus points while still keeping your credit score high.My wife and I have been doing it for about 6 months and probably have gotten about $5K of free travel already.  

Once you begin to generate leads that fit their recent purchases/want to buy, run the numbers based on the ARV after repair value for after when they develop/fix n flip and subtract cost of build/repair, your assignment fee, and the original cost of the contract.

Like shouldnt the equity portion be subtracted from payments?

Here’s your answer:Depreciation (Line 13/14) – can be added BACK as income Business Use of Home (Line 30) – can be added BACK as incomeVehicle Miles (Line 44A) – can be added BACK as incomeUn-allowed Meals and Entertainment (Line 24B) – is subtracted FROM your incomeIf you have a choice on HOW to deduct the items above then you want to CHOOSE to try to deduct them in those categories.

*Example: if the annual rental income is 1 million yen and the property price is 10 million yen, the surface yield is 10%.Calculations of Net Rental Yield is based on the gross yield formula and is calculated by subtracting the actual expenses from the annual rental income and adding the property price plus expenses at the time of purchase of the property.