You did not share the monthly payment but each payment is multiplied by 64% to get your income no for each month and eventually for a year. 

Subtract your debt to your gross monthly income and multiply by 36% so you see the max you can pay monthly.

If that happens your cost of a new sink install just multiplied.

Used gross rent multiplier of $5000 a month rental to achieve higher value for sale as a business.

Ok, so let's examine your deal and see what terms it would get:Purchase: 175kRehab: 55kARV: 350kSo right away, I wanna take the ARV and multiply it by 72.5%. 

To get $10000 per month in cash flow, I’ll make some assumptionsMultiply $10k by 1.25 DSCR to get your monthly net income= $12,500Multiply times 12 to get annual net cash flow = $150k NOIFor information’s sake, assume 50% expense ratio, so multiply $150k x 2 to get an EGI of $300kAssume a Class B in those Texas metros, assume a 5.5% cap, so divide you NOI/Cap Rate to get a value of $2.7MAssume $100k per unit, so you’re looking at around a 27-30 unit property.

What anyone is capable of can be massively multiplied by having people to help them along the way.

It’s been up up up for a while now, due for one of its cyclical avalanches.

Example:Heat is measured in BTU'sElectric baseboard or space heaters $35.13 / per 1,000,000 BTU'sNatural Gas                   $10.02 / per 1,000,000 BTU'sHeat Pump                    $14 / per 1,000,000 BTU'sIt is 3.5 times as much multiplied by every month you are paying to heat the property.Here is a free calculator offered on the Department of Energy's website:http://www.eia.gov/tools/faqs/heatcalc.xlsI just wanted to make you aware of your options and any necessary information before taking on that monthly expense.Also, with a central system, you control it (WiFi Stat).

I talked about the 2% (rents should be 2% of sale price) rule and 50% (rents should be multiplied by 0.5 - principal and interest if mortgage) rule.