Based on your thoughts and a couple tweaks, lets try this again....Management -  5% - 119Insurance - $125CapEx -   lets bump it to 10% - $237Taxes - $291.33 - $2495 /yrRepairs -   10%  -  $237Interest and Principal - using the Bigger pockets estimate, this came out to $420.13 /month based on an $88,000 loan Vacancy - $118.75 - 5%Electricity $150Water ad Sewer $50Propane tank lease - 25Heat  - $75(Tweaked some of the utilities after learning more info from the seller)Total expenses comes to $1848$526 Cash Flow -  $263 per doorNext step is getting a contractor to take a look at the roof and foundation, if that turns out ok I might take a stab at this one!

I was not at the previous event, but am attending this one based on the quality of the speakers.

Lastly, when looking at potential investment as a new investor, I would keep it simple and create a budget based on actual cost instead of hypotheticals.  

Franchise Taxes, Secretary of State, IRS Filings)Lawyer, Accountant, Bookkeeper...and you'll need a special evaluation process for YOUR country based on the US Tax Rules/Israel Tax Rules and Currency Exchange Rates.As you can see, going this route is not easy but doable. 

SEC laws could apply.Ironically, I sent you an email based on Trulia post earlier today.Feel free to call me if you want to chat.

Links to articles, examples or images would be helpful or share with me what has worked for you.I am based out of Yucaipa, CA.Thanks in advance,Warren

I understand that deal analysis is based on a fully rented scenario but I am just interested in how many people actually achieve getting paid to live in their property.Thanks!

I can help you land properties at much lower rates than you could on your own based on a couple of methods and tools that I use to mine for deals.

I don't like to plug in uniform, base rent increases, etc because you may be buying way below market with massive increases initially then subtle 2-3% across your ownership, etc.  

Proforma numbers are generally pure pipe dream, so figure out the real numbers based on what they give you.