The property would be conveyed to me as vacant and after crunching all my numbers over and over again it seems like I will be about breaking even on day 1 with everything rented.

I'm in the process of checking and crunching numbers on a turnkey property in Marygrove Detroit. 

But I need to practice crunching numbers and seeing the big picture so I can find good dealsAre there other free substitutes  to BP's calculators?

Affordability provides context for how high the market ceiling is; at the end of the day, prices can only go as high as people can afford to pay, so higher affordability in a market with strong fundamentals suggests room for sustained price appreciation.After crunching the numbers, here are our top twenty markets (of the originally filtered 120) sorted by EMS.

Most investors look more for a due diligence type review vs just number crunching.

Plus I'm emotionally attached to what I want in the long term (potentially having property near me for family) and that is limiting my ability to just crunch numbers and invest where the deals make sense financially.Long term goal would still be a property near me for my family but if OOS investing allows that to happen in the end then it really doesn't matter if I invest locally now or not.

Crunch your numbers using conservative property tax estimates based on the new assessed value too. 

Any insight on how to crunch numbers for the above situation?

We will beat any competing bids, just let us know and we can crunch the numbers.

While there's no one-size-fits-all template, here's a basic outline to kickstart your process:For Income, list your rental income per property, any additional rental-related income (like laundry or storage), and any other income sources.Under Expenses, include mortgage payments for each property, property taxes, insurance costs per property, property management fees, funds for repairs and maintenance, utilities (if you're covering them), HOA fees, advertising and marketing expenses (if you're looking for new tenants), legal and professional fees (like accounting), property depreciation (if applicable), and any other expenses (cleaning, landscaping, etc.).Then, crunch the numbers to calculate your net income or loss for each property and the overall total