The math is fairly easy given your assumptions.

Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

My assumption has been DSCR is the main driver, coming from my institutional experience (larger deals) we usually target a 1.2 and over DSCR.

Obviously if you acquire your deals based on this assumption and ended up operating better than it's more money in your pocket. 

Recessions have a good way of making anyone's conservative assumptions look not conservative enough.  

You have to find a way to implement your game plan within the confines of either an LTR or STR DSCR underwrite assumption.

I will preface this question by adding an assumption and that's  most who are seeking asset protection services,  do so to protect against claims that could have significant financial repercussions, rather than being  drawn into landlord tenant court over a rent payment dispute because the tenant alleges the boiler is defective, so lets focus our attention there.How do these claims typically start?

So you are putting in various inputs/assumptions, like gross revenue (total sales prices of homes) less soft costs, hard costs, city fees, desired profit margin (i.e. 15% of gross revenue) = residual value (what the land is worth).

@Sudheer Kumar - we can help here but need to better understand the Refinance out of the loan assumption better.  

My assumption is that when negotiating the purchase of the property I would have to pay off the mortgage, or would I be able to Pay off the taxes and maybe provide the current owner with some cash and then work with the bank on the mortgage?