Analyzing a Rehab Deal for Rental Income

[Ben Crego]

Hi All, I am trying to get a handle on analyzing deals.  I live in a pretty expensive market so this property caught my eye.  Obviously there is no address on the photo so I basically took the one picture and description at face value and then assumed the lister exaggerated comps and rental value and under estimated repair costs...  I'm also assuming the property is in a decent area (not great, not bad) and that they'd sell lower than they listed.  The property was already locked down when I reached out to the lister for an address...

I pulled the attached worksheet from Biggerpockets but then added tabs 2-4 to try and get a handle on expenses.  I think I overestimated costs and built in a buffer but who knows.  I assumed new roof, windows, doors.

So, would you consider this property?  Here is my cost breakdown.  Think I am missing something?  https://www.dropbox.com/s/y8fi...

**Note, I am just analyzing this.  The project looks daunting and well above my comfort level (and my wife's).