Underneath the surface its a little more dicey and one has to be very calculating.

Usually my agent is the one asking me to how to calculate ARV and find cost to fix the bathroom,etc.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.Thanks for the insight.

Included is estimated rent per room, a conservative estimate I am told, and by my own metrics and calculations and knowledge of the area, I would agree it is a conservative estimate. 

It would be pretty simple to find a mortgage loan calculator online; input the current loan balance; and modify the terms as needed.

I don't have the 10% for the down but thinking of using a HELOC to get the money and then add it into the calculator.

@Dav idWithout going through the numbers again, my guess is your calculation goes astray at the calculation of the Heloc costs.