Use an online mortgage calculator to determine how much that payment will translate to a mortgage amount. 

It is standard in the industry to calculate your rehab costs and then add five percent of the total budget for contingencies. 

See B5-7-01, High LTV Refinance Loan and Borrower Eligibility for additional information on these loans.The number of financed properties calculation includes:the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligationsthe total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae (a multiple unit property counts as one property, such as a two-unit);the borrower’s principal residence if it is financed; andthe cumulative total for all borrowers (though jointly financed properties are only counted once).

(Use the BP calculator or watch a BP webinar.)Do you have copies of the leases? 

Bigger pockets has calculators that can provide a estimate on what kind of cashflow you can potentially bring in off a deal. 

Also calculating things like cap ex costs.

Looking for a deal analysis calculator and/or people interested in sharing a deal.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi, first time using BP calculator.

I have calculated my estimates based on a reasonable negotiation of the list price.

Last night, 2 years in, I sat down with a note pad and calculator Andrea figured out exactly what my expenses were and would be going forward and how much I’d need to make passively each month for both myself and my wife to quit our W-2 jobs and be comfortable.