Depends on your goals obviously, but I bet that could multiply pretty quickly.

Now there is a ton of competition from other investors, wall street, and even some retail buyers trying to get a good deal. 70% rule means that you take the future sales price or ARV of the home, then multiply it by .7, then subtract your rehab and carrying costs and this number is your maximum offer to make the deal work.

And multiply the years to get months.The next most common I use is FV.

Class is in session:Sandra Roddy,You want the total value and the building value.You start with the lower of your basis in the property or your FMV.You then Multiply that by (building value / total assessed value).

For example, in my area, taxes are based on the assessor's valuation of the property (and not on the actual sales price as might happen elsewhere), multiplied by a millage rate; essentially, the taxes are fixed except that they raise the millage :) Might be something for you to consider as you evolve that spreadsheet.

As a flipper, I start by multiplying the ARV by 88%.

If the cap rate and gross revenue multipliers are sufficient for the market, we will consider it.

If you want to calculate taxes yourself it's pretty straight forward, add up the total millage for both Summer & Winter, Divide the SEV by 1000 then Multiply the two numbers for your annual taxes.Tom A already linked the State calculator which makes life really easy, but it's still nice to know what the numbers all mean and how to manually calculate this stuff.

Such as Return on equity, cash on cash ratio, current yield, overall capitalization rate, net income multiplier, and anything else you can think of?

I then multiplied 333 by 2066)Investor Profit: 35%Estimated repairs: 16,000Assignment fee: 8,000Closing Costs: 31,200The total price I would advertise to investors would be $398,000.Everyone, what do you think?????