Multiply this by 2400 to compare to a more traditional interest rate so 0.14% on the Sienna.

Flipping correctly is a great way to multiply your cash, then I would suggest purchasing a passive income property once you have enough cash for one + another flip.It all depends on how much time you put into your business and how smart you work to earn your properties. 

Originally posted by "Primo_Coach":Find a Realtor and take care of them and they will help you out with the ARV's.Then take the realtor's number and multiply by .77.

Right now Californians are willing to pay up, take a real ARV multiply 75% subtract a proper repair budget.

@Mike BecherIt may be difficult to find the calculator that you are looking for.This is because everyone's tax profile is different(some may be in a 0%, 10%, 12%, 22%, etc tax bracket.there are over 50 states and some states have different rules on addbacks of bonus depreciation/section 179 expense.Furthermore, some people's deductibility depends on whether they participate in the activity or don't.I can go on and on...but there is a lot of variables.With that said - you can get a good idea by taking your cashflow(adding back principal payments that were deducted) less depreciation and multiplying it by your marginal tax rate.If your total income is above $100,000. some of the losses may be limited.

When we are blessed with rIches and the ability to do manage it and multiply it we should take hold of that and make good use of our talents and gifts !

I have a black 2011 avalanche ltz use for hauling stuff in .

So a used Chevrolet Avalanche is in our future.

You won't need definions of cash flow, P&L, IRR etc........you'll add, multiply numbers in your head and know pretty accurate if it's too much risk for you to take.If you're afraid of a dog, it's irrational.

3x gross rent multiplier in CA is either a steal or a disaster.20 years ago, when I was in Palm Springs fairly regularly, Desert Hot Springs was where retirees lived cheaply.