There are other ways to calculate this as well.Hire a tax pro!

For my calculation, I've assumed $1200/yr utility paymentsSeller is asking for $5,25k, but according to my calculating a fair price at 7.5% cap rate woud be $4,80k.What do you guys think?

Thanks for sharing your knowledge For a rough calculation you could take the annualized P&I payments / the purchase price. 1256*12= 15,072 / 75000= 20% annualized returnI use a simple xls spreadsheet with Present Value (PV) macros to calculate my offers based on P&I payment and remaining term.  

I’m considering whether to pursue a 4 plex investment opportunity. 8+ cap but haven’t used the rental calculator yet

The BiggerPockets calculators are great, I use the rental property calculator frequently.Real Estate is a great long-term investment even if you make a bad decision BUT knowing which deals rank highest in your market will help you become a go-to investor-friendly realtor.2.

Also, doesn’t hurt to analyze a few deals using the calculator :) 

Calculate your failure.  

When multiple properties are held by the LLC, lenders may calculate an average or combined DSCR across the portfolio.

I should have used templates and calculate using things like the dea analysis and offered a lower purchase offer, and negotiate better loan terms.

BiggerPockets has a STR calculator that can help you figure out expenses, long-term cash flow, and more you can check out as well when you get your numbers going.