If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you. 

That experience made me realize I want to dive deeper into this space.Right now, I’m in the research phase—figuring out locations, property types, and strategies while working on funding and budgeting.

If they or we have those,  we can do and achieve about anything.Most people could afford this easily by trimming their budgets. 

I would first look at your budget and what you spend.

Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.  

Owning paid off property is every investors dream but it comes with responsibility, management, and budgeting.

Eliminate debt, establish a budget, and save.

Federal Budgets go From Oct 1 to Sep 30 of the following year.

Luckily this was all accounted for in my budget, but it was still a slow and expensive process. 

Also have made it easy to see if you offered a certain amount, or changed your rehab budget, how that would affect your return.