Did I do my math right on this property?

[Mason Chan]

Hey guys! I recently started reading a book from bigger pockets called "Rental Property Investing" and it talked about how to run the numbers on real estate. I found a short sale offer in chicago and I ran my numbers and they look bad. Just want to make sure I did it correctly. Can someone check? My numbers say I will lose $1.6k in the first year

https://docs.google.com/spreadsheets/d/1WC0UDC0PGVswV7aNwoaHPL9mBb1BjzmuG6xpoAow-Dg/edit?usp=sharing

[Chris T.]

@Mason Chan

looks about right. Where did you get the info about the rent being only $1350? Zillow rent zestimate has been somewhat accurate in the areas I focus in. It states there you should be able to rent $1500.

But you're essentially breaking even. Not a deal. 

And this is a short sale as well.