Look at the results that are left and see if there is anything else you might want to subtract.

I take that number and subtract 20%-30% and subtract estimated repair costs.  

www.realtor.com for average retail value.For a distressed property, start with average retail, then subtract the rehab cost then your desired rehab profit, and some extra for errors, and you have the purchase price.

Subtract them and what you need to make at a minimum and it gives your max budget for rehab (rough estimate because you still have a lot of other expenses but it is quick) If I only have a rehab cost of $2k it is a loser, if it is $40k it is a possible winner.

The general rule of thumb is that you start at 75% of ARV and then subtract your estimated repair costs.

Don't you people know how to add and subtract?

If non-warrantable, its VERY difficult to get financing.When a bank looks at a rental, they will take 75% of the actual rent amount, then subtract the PITI payment.

What I don’t get is why you subtracted the 75,240 and what that had to do with either the expenses or the NOI, which by my numbers should be 65,450.Please help to provide clarity.

Under ACV the payout would have depreciation subtracted from it.

Find out the rent you will likely get and subtract not just mortgage, but insurance, interest, taxes (assuming those aren't already included), vacancy, property management, CAPEX, maintenance and any utilities or other miscellaneous expenses.