View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

That first year will hit harder then you originally calculated. 

They should not be adding all income and subtracting all expenses directly to you for DTI calculations. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

Once you have those numbers then you should be able to calculate if it's worth it.Since this is your first step into Real Estate there's really no need to speculate- This is a data driven business.

I just started using the calculator here and was hoping someone could look at this deal for me and give me an opinion on if it is worth purchasing? 

Meaning don’t buy something just because you like it--buy it on favorable numbers.If you are looking for a fixer for instance, it's intelligent to find a fixer where you believe rehabbing will allow you to increase rents, and it's best in an area with increasing employment--as well as many other things.If you want to approach this in a hard nosed manner (not everyone does) it's smart to make all of your buy and sell decisions based on financial measures, such as the income stream, and on the return on investment that the income stream represents--as well as many others.It's also intelligent to calculate:1.Its Projected Cash Flow2.Its Projected Appreciation3.The Loan Pay down benefit you will get from owning it.4.The Tax Shelter you will get from owning it.As well as many other things.

This will help you with the numbers you input into your calculations.

Everything is pre-calculated and worked into the system.I think I understand real estate but I don't have enough experience to determine the value that each individual job has. an agent is 6%Is money worth 20%?