. $200,000  Loan Amount $180,000 (20% DP) 5% interest for 30 years.Property DataCurrent Market Value $200,000Tax Assessed Value $174,390Tax Rate 2.3%Current Market Rents $1500Seller made first 5 years of payments (The amount paid off in these 5 years shouldn't factor into my cash flow calculations, correct?)

BP community,I've been running through the BP BRRRR calculator a ton for a few months and keep running into an issue with how the calculator is setup that I figured I'd finally get on a post and see if anyone else is having this complication and if there are any suggestions or workarounds you may recommend.

Calculate the mortgage payment and expenses for the property, and deduct it from the $3,200. 

If you are ready to jump and can only afford a C/D area, then your best bet is to find a solid property manager that works the neighborhood and can take the burden off you.

@Michael Coiffman  Personally if you think your credit will be in the mid 600's in only 6 months I would wait on buying and see if you have more financing options.If you're looking to buy right now then an owner finance deal would probably be your best bet. 

If you can get on the rental property calculator here that might easily clear things up for you.

Best bet: Avoid this situation completely.

I bet replace it. 

The calculators on the site are great for asking you the questions about things you may not be thinking about yet.

I need to start attending REI club meetings, otherwise I won't make contacts for any sort of partnering.The LOC or HML look like my best bet, thanks for pointing out the LOC.