If you want to buy it to live in, then compare it to other similar houses to see what they're selling for, then subtract your cost of repairs, and that should be the most you should offer.

Besides the roof & painting, it's generally handyman work that will take 2 guys, at most, 3 days to finish.So subtract his roof price, $5300 and $2700 for painting and we are about $9,000 for 3 days of labor ~ $185/hr.

They will then subtract our your principal and interest payment.

Did you subtract our depreciation that was taken?

From the remaining 50%, subtract your P&I payment to get your cash flow.

Subtract maybe $3-4K in closing costs and you might get $15K.

It subtracts from the rental income just like taxes, insurance, maintenance or interest.

With condos I try to use the 50% expense factor rule of thumb and then subtract the HOA off of that to get the remaining available for debt service.

Someone asked how he values land and he quickly mentioned it has to doing with various building costs that you subtract from the FMV of a new construction until you get to the residual land value.Anyone know a good book or course that teaches this in depth?

So if the rent is 400 Euro thats the net income for any investor only the PM marge should be subtracted and some maintenance reserves.Included in the utilitys of the tenants in Germany:- propertie taxes- insurance for propertie- water- heat (gas, oil)- janitor feesThe investor or his PM make an utilities statement each year for the previous year and the tenants must pay these then.