Once you know income (fair market rent) and subtract expense (taxes, insurance, management, maintenance, etc.), you know how much cash is generated annually.

If you'll be living in one unit then you may want to subtract that rental income and run the numbers again.

Subtract that price from your ARV.

I typically subtract 3%, of the ARV.Realtor Fees: What is the commission you are willing to pay your listing agent (unless you are the listing agent) and the buyer's agent.

Of course you'll need to subtract your profit and other costs from that as well.  

You actually only have a taxable gain of $9,628 ($14,668 + $9,505 - $14,545) we add back the principle amount of your mortgage payment because it is not deductible and subtract out the deprecation we listed above.

It sounds like some big ticket items would be the roof- $2700, cabinets- around $4000, new bathroom- 5k-10k.With respect to realtors you subtract the entire 6% because she will have to pay both the 3% to your agent and 3% to the list agent. 

Working with the 230k base,  subtract full price, 142k, and 3k as u stated "considering that being unknown on a flip"  gives you a nice 84500 buffer if it pulls 230k  so even if you end up at their number or higher in the rehab, it would still cash out nicely considering, final value, agent listing, market at the time, buyer offers i would bounce up to 130k with my next offer but that's me, 5-10% below is what most people start offering and work up from there in 2-5k increments. hope that helps a little, best of luck Jay,

I typically subtract 3%, of the ARV.Realtor Fees: What is the commission you are willing to pay your listing agent (unless you are the listing agent) and the buyer's agent.

So, using made up numbers:$100,000 value$80,000 loan - 80% LTV (Subtract existing payoffs and closing costs)Subtract two to four percent of loan amount - points= Net proceeds$80,000 loan at two points means only net $78,400 before closing costs and payoffs.