But we know the house is not in perfect condition so you add up all the costs to fix it up and subtract that from the $154k nd that is the number you offer to sell it at.That is wholeselling 101.

To calculate effective rent, subtract the HOA fee from rent and then add back the value of the things that it covers for the property owner, like siding, windows, roof etc.

Basically, all expenses (excluding PI) to 50% of Rents, then subtract off the P&I, to get estimated net profit.

(Subtract that from sales price to get loan balance.) • How much are the monthly payment on the mortgage?

@Pavel Ushakov  Not really Minneapolis I suppose but if I' ve got everything straight right now in seattle you CAN look at: Credit report Credit scorePrior rental historyCivil history (evictions or other housing related judgements)Employer reference (unless income is from a non-employer legal source, e.g. social security,  alimony)Income to rent ratio (must subtract any voucher income from rent when calculating it)History of commiting a sex crime as an adult (must have "business justification" if using this to deny)You CANNOT look at any criminal history except aboveYou CANNOT consider any credit or civil history more than 7 years oldYou cannot consider source of income  (any legal, verifiable source must be accepted, including short term vouchers)You CANNOT require up front payment of security deposit and last month's rent  (must offer six month payment plan if applicant requests it unless total of fees is less than 25% of one months rent)The "First in time" ordinance that Seattle passed was struck down by a judge,  and is currently on appeal to the state supreme court.  

(Subtract that fromsales price to get loan balance.)

So if you're using AirDNA's projected revenue then you will need to project cleaning expenses to subtract out.Also note that AirDNA's data is based on trailing data for the last year. 

Subtract off the needed work and you have a price that should easily attract buyers.75% of $250K is $187.5K.

Subtract your rehab and closing/holding costs from this ARV.

Simply subtract your mortgage from half the anticipated gross monthly rent.