I would think from reading the irs tax form that you can subtract all of your expenses including property management co that you hire.

And if the store made 25k profit on the stuff it DID sell in 2011, yet at the end of the year bought 75k more stuff to resell, isn't that 75k an expense that can be subtracted off the overall income like utilities and supplies etc etc?

So you could either add $200 month to your expenses, or subtract $200 month from the rent.I have found that as to apartments, having all sec 8 tenants in a complex or no section 8 tenants at all is best.

You would need to know what they property will rent for and subtract PITI, property management fees if there is a fee for that, maintenance costs, etc.

It's true that many rehabbers will use this formula:Max Purchase Price = 70% of ARV - Rehab CostsSo, if the ARV is truly $200K (you'll want to verify this) and the Rehab Costs are truly $15K (you'll want to verify this), then a typical rehabbers would likely pay:Max Purchase Price = 70% of $200K - $15K = $125KNow that you know a rehabber will likely pay $125K, you need to subtract out your fee on the deal.

Multiply that percentage by $250K to determine the value of your non-depreciable land.The fact that your deed says you have a 0.25% ownership interest in the common elements is just a distraction here and is not relevant information in answering your question.Your option one is not correct because you are using the current assesed value of the "land" and subtracting that from your actual purchase price.

. = 46ksold for = 180kSo after subtracting all costs we left closing with a gross check for 53k.

Johnson,Home inspectors vary in price, but generally speaking you are looking at $250 to $300 for the properties we sell (1000 to 1600 sq feet).Calculating cash flow involves subtracting your expenses from your gross rent.

Take your first VA and subtract that from $417,000 and that can give you what VA will cover.

Then subtract out the mortage costs and see if you are still cash-flowing $300-$500 / month.