Hi @Kevin Siedlecki,Here's my expense breakdown:8% Vacancy = $88Taxes I estimated at 2.3% value, which is $142Insurance .4% value, which is $25Property Management 10% of rent collected (subtracting vacancy) = $1012% cap ex and 3% repairs (as a percent of rent collected) = $50Annual expenses for things like rental license and inspections $260, so $13/mo.Total expenses $330, rent collected $1010, $275 mortgage, $400/mo cash flow.  

If your time is worth $50 an hour, then pay yourself that $50 for mowing the lawn or fixing the sink, and subtract it from your ROI calculation.

Determine the as-completed value and subtract the cost and profit you require to perform the work needed to get it to that point and you have that amount that you are willing to pay.

I've taken that my best option would be to just simply move onto my next one and remember to subtract 20% from my monthly $1,200 and save that for an emergency.

Rafael Norat , I started with my ARV of $260k and subtracted the 20k of fixed costs (I did research on the area and added up all the necessary costs such as holding and sales cost).

Once you find that price, you subtract the cost of rehab and that's your maximum purchase price. 

I am evaluating two financing options (cash out value subtracts closing costs and HELOC payoff: 75% LTV @ 4.99%, assessment $168k; $828 monthly payment, yields $90k cash out.85% LTV @ 5.25%, assumed assessment of $180k; $1,166 monthly payment with PMI for 10 years, then drops to $1,075, yields $120k cash out.Goal:I aim to buy more properties to buy & hold, and am only flipping because a great deal came up.

It was just over 50% of our total net worth and when you subtract equity in our primary residence the retirement percentage jumped to about 60%. 

Cash Available for Investors is calculated by subtracting the Principal portion of mortgages from the Cash Profit.

.,  every time you enter money paid out like materials or labor, it automatically subtracts from your potential profit.