I have a multi-family property under contract in what I think is a C grade area of Miami; it's a very central location though.Here are the calculations for it:Purchase price- 162kRehab cost- 40kMonthly rental income- $2800I am looking to buy and hold.

What, if any construction cost calculators or data bases do you all use when analyzing a deal?

@Sean Cole  its regional for sure.. the ones I had in MS and AL  feed us the deals.. but lots of deals there ... its funny as we talk about this.. some parts of the country there are still plenty of deals others its very tight the deal ship has sailed and its basically pre 07 market.. one size does not fit all.in Oregon we have little to no OREO inventory anymore all those agents that specialized in it are out of business and back to doing regular real estate.. the foreclosures at court house that were 20 to 50 a week are down to 3 or 4.. with MASSIVE competition.. it all cycles that's for sure.. but I bet you can still roll into certain big cities and buy hang over inventory..

Id like to know how to do it with and without the BP calculators, just so I understand what I should be looking for. 

Rates are on the rise unfortunately and I am betting the 4.5% you were looking at two months ago is now 5.5% on a 30 year.

But I met thousands of folks from all walks of life and I'll bet less than 20% were totally self sufficient on passive income. 

However; check this link out, it's Eliotandme that is an airbnb calculator.

The best definition I've ever heard of a credit score is "a numeric representation of someone's likelihood of going 90 days or more late on a payment in the next two years".That said, no one has actually has a score - until their credit is pulled, and then the resulting score calculation is based on the information available at that time.

Property taxes ratios are very high in Kankakee,    are you looking for a realtor that will property manage for you also, or what is your plan for management,    your best bet in our area would be Bradley and some of Bourbonnais single family homes or apartment complexes.   

If you do not have experience then the best bet is family. 3.