View report*This link comes directly from our calculators, based on information input by the member who posted.

I’ve already made some calculated evaluations in terms of the expected operating expenses, the mortgage, closing costs, and a 20% down payment. 

entp.hud.govYou also want to make sure you run the math to ensure it passes the "Self Sufficiency" test where the unit rents must support the PITI by using the 75% and vacancy calculation. 

Know how to analyze deals on your own, have a mentor, but make sure you know how to calculate all the numbers on your own2.

In general, it is always good to look at the taxable value every year for your property while you still own it when the tax statement comes.If you feel you can support a lower taxable value with sold comparables that are like your property nearby, then it is worth your time to try to dispute the value.It is true there is a very short timeframe to schedule a time to go in and dispute the taxable value with your local property tax assessor usually and the deadline is printed on the annual tax statement.The reality is real estate does not always go up in value.To your success!

Hi BiggerPockets Community,I've been searching for a comprehensive real estate investment calculator that includes depreciation and offers a full range of investment metrics.

The first thing I recommend doing is removing the primary home value and debt from the calculations.

With asset based or DSCR (debt service coverage ratio) loans or rental specific loans, lenders calculate the income by the PITI (principal, interest, taxes and insurance) to qualify for the mortgage loan.

Otherwise, just factor the new rate you'd get on a rental property into your calculations.

These updates kill the ROI in my calculations/projections.