Modeling uses templates to estimate allocations although some firms still dig very deep on these types of studies, costing $1,000–$1,250.DIY tools are cheaper but often miss deductions and lack audit-ready documentation.

An agent should be able to send you a estimated proceeds sheet. 

Once you win the auction you have to put down a 15k deposit so I don't want to not have a chance of getting it back.

Now this property is in a class C neighborhood with a calculated 11% cap rate estimated.

This gives me a chance to add value up front. 3.

The calculator estimates that operating expenses are equal to 50% of the monthly income.  50% is a rough guide. 

But it gives you a chance to get a fresh start....make your place nicer, replace appliances, new paint, get rid of carpet and replace with LVP, Etc....

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes.

With @Michael Baum on this.Another angle of thought - who would have a better chance of success challenging Airbnb TOS:1) A "brand" with 5 units2) A brand with 500 units?

But balance is key—keeping some cash reserves for unexpected expenses is critical.Lastly, I’d recommend running detailed numbers to ensure the property cash flows well, even with conservative estimates.