You're doing subtraction when you should be doing addition.

Lastly (though probably not lastly), is how you calculate time investment -- if I put 100 hours into the deal, do I need to subtract out 100 hours worth of payment of time from my returns?

PS. yes this is the property I recently had a fire loss on and will replace it with another 3 bedroom 1 bath central air property for $22,000 in a slightly better neighborhood but will keep rent at $625 to retain a great tenant. 408 Sheridan ave Dayton Oh 45403 : purchase price 18K needed minimal repair , all in for under 20k including closing cost and title .All numbers are close but not exact.Rented to sec 8 tenant for $588 month just got increase to $625 month.approx taxes 995 annual insurance 580 annual .annual rent 7500 , less annul taxes and ins 1575 = 5925 from this you should subtract a reserve for maintenance and property management including vacancy.

Take the result of that function and subtract it from the original loan balance.

I would think that if you subtract the value of your time (say maybe $15/hr) from the cost of a management company...that's how I would figure the real cost of hiring a PM.

Under the sales comparison approach, you're taking properties that are not exactly the same and adjusting the price to make them the same (i.e. a house with three baths should cost more than a house with two, so if Subject has two baths and Comp 1 has three, all else being equal, you would subtract the value of the extra bath from Comp 1 to determine the price of Subject).Ideally, you would find comps that are all exactly the same in every aspect that all sold for within $1,000 of each other, and use the average to get an idea of what a property is worth.

That is, take the expected total rents, subtract 50%, then subtract your P&I payment to get your monthly cash flow.

Whether the shared walls are done or skipped adds or subtracts from the perimeter length.Check out University of Minnesota website, as I believe that they are the university that has done some studies on the treatment methods.And even when doing a perimeter system for water control, the other things (like grading away from the house) are still important to do.

That 2% could be subtracted from the price if I could go around the Realtor.Thanks in advance for your responses.

., that can add or subtract from the rent.