Is there a standard formula that takes into account the fluctuations of interest rates?

Interest rates are fluctuating in the 7-7.5% range, so let’s start operating under the assumption that 5-5.5% is not around the corner.

If your plan is doing STR with PM then to you it's probably not that much difference other than the income will fluctuate from season to season. 

I think that's fine as long as, and this is important, you DO NOT pay market value for the home.If you pay market value you're going to expose yourself to fluctuations.

We jump between 3-5 as pricing fluctuates.4 - Commercial Grade furniture - Wayfair (and many more) offer commercial grade options. 

Thinking about taking a little cash out, mixing it with personal savings and going after another property with a nice down payment as a hedge against market fluctuations. 

I’m really curious why you measure it monthly given MTM fluctuations.

This investment is a great first step to building your real estate portfolio, remember to factor in potential fluctuations for refinancing and have a buffer in your rehab budget for a smoother experience.

However if you are focused on long term investing, market fluctuations may not impact you as much as mortgage interest rates will.

Hi Josh, Additionally, consider building conservative assumptions into your financial projections to account for potential market fluctuations, economic uncertainties, and unforeseen challenges.