They did a quit claim deed and did not have title insurance.Sooooo….. the current owners agreed to pay the tax lien (subtract it from profits at closing) but they need the previous seller to sign off, which the are refusing.We’re at a stand still.

Subtract 12 percent for PM, 1200 for taxes and 2000 if I want to be safe for repairs and capex (not including turnover expenses) and 600 for insurance.

Do I subtract out only the annual interest payment, or the entire payment including principal and interest?

That is, I determine what 70% of the after repair value will be, then I subtract repairs from that number, and offer that number.

I subtract the yearly rent by  yearly cost and get my yearly cash flow ("CF") (some minor things are left out like taxes, but I consider that to be upside to my analysis). 

If we subtract that from the income we are left with an NOI of roughly $18500 .

Basic Costs include Principal, interest, taxes and insurance. then you compare that against  total  income you will receive at your rental rate, subtracting for maintenance reserve, and possibly capital expense reserve. 

We get cash flow by subtracting PITI and 20% for Repairs, Capex and vacancy.I bought my first property in 2016 but sold some to buy in great school districts.

Current Tenants and RentsMy current rent is $567Currently have a tenant with his wife who has been the caretaker for 15 years on a term lease till April at $535Other rents all month to month at $580, $550, $535 total of $2,200 month ( 1 of which I will be taking over so subtract 580) for $1,620 monthly.

From what i can see from my house its a little bit dated, so would you subtract any and all repairs from the market value and offer that?