Account Closed you're absolutely right, it's all about cash flow... but it's not too difficult to derive someones cash flow from the gross rents- and I didn't want to convolute the purpose of this post (commending someone for their performance) by turning it into a pro forma sheet.Go ahead and take those rents and subtract all of your standard pro-forma operating expenses, and reserves.

Then subtract the repairs.

(Subtract that from sales price to get loan balance

So say i have 5000.00 in the account and I'm trying to minus the mortgage payment for the month I enter -723.94 and it automatically subtracts 1447.88 for some reason.

However, if it is time to repaint the walls because the previous paint job is a few years old anyway, that is all the more reason to be fair with what you subtract from the SD. 

Subtract the $440 in expenses and your AirBnB is earning you $860 a month.

Then subtract every single monthly bill you have...even small ones...even silly ones.

I had assumed that less was another way of saying subtract.

Same types of properties and condition to get to a good ARV estimate.From the ARV estimate, you subtract your repair/improvement numbers.  

I have researched what my market median price is (I like to buy homes at or below the median) and start subtracting from there (profit (20%); holding costs; repairs; selling costs).