Many times brokers will just take pro forma rents subtract taxes and insurance and present that as NOI not leaving any allowance for actual rents, vacancy, repairs and maintenance, etc. 

December 6th was the first day we listed the Indio house, but in the month of December we netted $7345 after you subtracted the cleaning fees.

(Subtract 10-20%) How much do you think it will cost to develop the property?

This also includes subtracting ALL expenses and bills for example mortgages, bills, vacation etc..So 75,000 a year to invest/ save.

Ideally, you'd have at least 30% equity in the property so that you could utilize the 10% equity in the property you are allowed to tap into (80% allowed LTV subtract your 70% loan). 

What to look for in a multi familyThe numbers seem to be correct on the surface but all I know if subtracting income from expenses to get cash flow.

When considering the out of town investment, subtract your personal rent expense from your estimated free cash flow.

Holding cost - what it will cost to hold the property until completion (sale or refi): Taxes, insurance, HOA fees, Utilities, loan interest/paymentsOnce you estimate these, subtract from you ARV.

Example:Purchase price: $1,500,000Rehab: $100,000Land Value: $750,000Year 1 interest paid: $41,632Year 1 principal paid: $23,029Yearly property tax: $18,750Annual expenses: $6,200 (Insurance, utilities, gardener, and so on)Tax rate: 25%The annual rent income is $129,600The house value is $750,000 (purchase price - land value) + $100,000 in rehab (all just calculated as 27.5 to make it easier), depreciated over 27.5 years is $30,909 a year.If we calculate our year's profit $129,600 (rent income) + $23,029 (principal) - $6,200 (annual expenses) - $18,750 (property tax) - $41,632 (interest paid) = $86,047My depreciation is $30,909 a year, I can subtract that from my taxable income. $86,047 - $30,909 = $55,138 I am then taxed on the $55,138 at 25% making this year's tax $13,784.5 That would mean my annual profit is $86,047 - $13,784.5 = $72,262.5 and cash flow $72,262.5 - $23,029 = $49,233.5Is this correct so far?

Now figure out what timeline you would need to reach this financial goal.Here are you choices:1 - Come up with a dollar amount (notice I didn't say percentage) you will subtract each month that will eventually get you to the total you need within the timeframe you think you might need it.2 - After you realize option #1 is futile, ridiculous, not real world possible, laughable as a solution, go out and get a Personal or Business (preferred) LOC, and use that.