(mostly) New Investor question for the seasoned

[Charles Conroy]

Hello to anyone, I've been a landlord to my homes before but never looked into real estate investing beyond until the last several months. I'm looking for real honest answers to these "calculating ROI" calculators.
I'm skeptical I can reach the 100-250 per unit ROI I have as a goal. 
-What is my reality for say a 95k condo @ 20% down, $200 HOA, 12% management fees. I find about a $50-$60 ROI/month when my realtor is saying it should be closer to $150. But I'm not buying it in punching the numbers.

I'm starting to get cold feet about pulling the trigger this type of investing. I see the possibilities in the numbers if all the factors are correct. I find it difficult to attain the purchase prices needed for that much cash flow.

Any insight in this new world be greatly appreciated. 

Cheers.