Obviously you would have to subtract the loan fees, but that's how it works and one of the best things about holding real estate long term.

Then, subtract out all of the expenses to get the NOI.Similarly, you want to determine the cap rate that will be used.

Add the amount of amp draw on each line together, then subtract that from the size of the panel and that will give you your spare capacity to accommodate the kiln. 

@David Zheng is the 65k/month after subtracting out debt financing?

It could be equity sharing where you each take a cut of the profits after expenses are subtracted out or a loan type structure like you said that pays him an interest rate.

When you subtract the option fee from the predetermined sale price, that's acting as a down payment and could affect the legalities of the deal.

Fannie/Freddie loans just carry better rates and terms (in general) so we try to go for those first.Here's some bullet points on how income is calculated with Fannie/Freddie and S-Corps:W2 income – that’s easy, you probably understood that your W2 income can be added TO incomeK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added alsoAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomeAnd then they would average 2 years of these data points to come up with your "qualifying" income. 

You are now at 70k, Now subtract repair cost, lets say another 30k.

My first property in Cincinatti cash flows for $495/month NOI after monthly HOA fees & property management are subtracted.

In short, an allotment that gets subtracted from the paycheck before the service member has access to it.