Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

Noah, I appreciate the information and tips to navigate the website its very helpful. 

@Robin Simon Our AE with Easy Street was super helpful and informative!

@Brett RiemensniderIt's great that you're taking the time to thoroughly analyze your potential investment and ensuring you're making informed decisions.

@Ann Bellamy That's really good information to know, thank you for sharing that Ann.

This is super valuable information and insight when searching for your first investment property.

These experts may offer insightful information on investment prospects, real estate listings, and the neighborhood market.Serve as a Volunteer or Intern: Take into consideration serving as a volunteer or intern for a nearby property management business, real estate agency, or investment company.

Louis, feel free to PM and I will happily share there contact information :)

Seek a tax professional for more detailed information.  

It will be free flow of helpful information.