I haven’t gotten a tour yet, but based on driving by and photos of the inside, it looks ready to rent right away.

Of course you have to factor in realtor and closing costs on top.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

ARV is a very important factor here. 600 FICO is minimum. 

You don't need to be larger than life, driving flashy cars, or using your looks to make a sale.

One of the biggest factors in successful flips is building a strong team: contractors, agents, lenders, and property managers. 

The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans. 

@Robert Quiroz I think all of the factors you have listed might contribute.So I’m not going to comment on that but I am going to comment on an assumption you made.If 85% of rents are below market on deals you underwrite then those contract rents are probably THE market rent.You can’t just go based upon area median income to rent ratio.First off urban areas are oftentimes street by street, block by block.

@Theresa Amouzou A lot of factors go into finding good deals.

Regionality and competition greatly factors into the cost structure.