I google free mortgage calculator to see what my payments will be.

Two key calculations to prove this out:ROI = Net Profit / Total Investment * 100ROE (return on equity) = net income/equityBorrowing will decrease the cash you put up & increase your return relative to the cash out.

I have a huge personal mortgage (P,I,T,I) that currently takes up around anywhere from 25%-38% DTI depending on how you calculate gross income.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

The calculation takes more than just Rent and PITI - they consider other expenses like vacancies, management fees, utilities, and more especially for full-doc programs.

I factored in property management when I did my calculations.

You must calculate on land + price to rebuild.

To do this you go to the deed recording room on the same floor as the Sheriff's cashier and use the computer terminal there to fill out a form PT-61 for each property which calculates your transfer tax.

As it is now, the cap rate and cash on cash return is not great once I calculate it out.

Your “overhead” costs to buy & sell the house + holding costs, interest, property taxes etc, luckily these can be pretty easily calculated, many websites like closing companies will have websites where you can fill out information about a property and it will tell you the costs to buy & sell, loan costs are easily calculable, take your purchase multiply by intrest rate divide by 12, that’s your monthly expenses multiply by the number of months you project the to complete, a good rule of thumb is even cosmetic can easily be 6 months anything more complicated can be 9-12 though all that can very greatly.3.