:I don't understand fully how we as investors might be affected if the government gets serious about paying off debt and actually does it.It depends on the manner in which is it done.If done purely through austerity (spending cuts) there will be slower economic growth as the government expenditures will be subtracted from GDP.

I used the deal analysis spreadsheet floating around BP and I should net $100 a month after all expenses and reserves for capital expenditures (monthly repairs, property manager, etc.)  

Now I put down price, interest rate, term of mortgage, monthly payment, taxes, insurance, a monthly amount for repairs, capital expenditures, vacancy, and estimated cost of rehab. 

You might not have any expenditures but you need to know how much to save.

I see though that Pennsylvania offers some credits on property taxes paid and that amounts vary widely from one location to another.I would double check sense could have a major affect on your cash flow.I also see that you are not allowing for any capital expenditures that will surely come up over time.

I have not yet finished reading through it, i'm working on a TON of bookkeeping right now.Here is a link to the Federal Register: Final RegulationsCCH Summary:http://www.cchgroup.com/wordpress/index.php/tax-headlines/federal-tax-headlines/irs-issues-final-repair-regulations-on-deduction-and-capitalization-of-expenditures-related-to-tangible-property-t-d-9636/?

From your initial post I wasn't sure if you accounted for vacancy rate, capital expenditures, property management, etc. so that is very smart you included those in your numbers.

Your own calculations arrive at $800 - $342 before any allowance was made for capital expenditure, so in this case I would expect a 50% expenses estimate over time to be fairly accurate.

Hi Pocketeers!I need some assistance.  Does anyone have any suggestions on a program or software that would allow me to create project files for different projects I'm overseeing?  I need to create the project, track ...

I have always calculated 10% capital expenditures, 10% vacancy rate, 10% property management, 5% maintenance/repairs.