That is one job that is not always easy. 

While the 1% rule seems to dominate our market pricing, many of our turnkey assets do much better. 

Each bank has it's own rules, but if the LTV hits over 80% they could call it in, but I would not count on it as markets move over the season, so they likely need a larger move.

Its free easy education.

Can you have a look at both of these worksheets and let me know if you believe any of these assumptions are off from a general rule of thumb point of view.  

But if you are looking for tenants I use gosection8.com it's free and easy to use.

It makes it super easy to just punch in the numbers quick on a property and get a decent look at the returns and make a quick yay/nay.

Capital Expenses, items that are not just consumables like appliances, roofing, AC, all have what is called a Class Life and get depreciated according to IRS rules for that Class.  

I just ran a property that I would love to buy if I can find the private money or possibly the hard money at the right rate and ran it through the BRRRR calc.All looks great except when I look at the financial projections section I see the following...50% Rule Cash Flow Estimates Pre-Refinance Total Monthly Income: $2,850 x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $600 Total Monthly Cashflow using 50% Rule: $72 50% Rule Cash Flow Estimates Post-Refinance Total Monthly Income: $2,850x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $556 Total Monthly Cashflow using 50% Rule: $869Am I missing something or should the total monthly cashflow Post refi be that high?  

I'm curious, when you're budgeting for actual construction costs, do you have a rule of thumb you use to estimate?