I asked if you got your cash flow by taking gross rents and subtracting PITI (principal, interest, taxes and insurance).

Subtract from that number the cost to build, including soft costs.

Assuming the 107/mo cashflow above is correct--don't you need to subtract the pm you would make on a buyout to get an accurate difference between the two?

I am new to this but if the ARV is 200,000 the 70% of that is 140,000 then you subtract the rehab which is 40,000.

Then you subtract the conservative repair costs.

Which is listing your monthly income then subtracting necessities(food, shelter, clothing) and then going from there.

In my experience, FNMA generally won't allow you to add, subtract or change the purchaser after the contract is executory.

From that voucher amount, the Housing Authority subtracts the various utility allowances that end up being the tenant's responsibility, along with charges for the tenant needing to supply their own refrigerator; those utility allowances are re-calculated every year, as are the fair market rents.

My understanding from a most recent conversation with a loan officer is Rent x .75-PITI.Are you subtracting rental mortgages twice?

No C- or D areas.Considering the rule-of-thumb of subtracting 50% of the gross rent tocover expenses, and considering that I need at least 10% NOI, I am looking for properties with 20% gross rental income.I would buy cash, and see later if i can get the Fanny Mae delayed financing to extract cash back out of the property to be able to buy more properties.Any suggestions?