Scam?

[Minna Reid]

Found an ad on craigslist, ask for some detail. The guy sends me this...Two weeks later. Says he needs to move Maine to focus on his foreclosure business and wants to ditch it. For some reason it just seems fishy to me, or should I be jumping all over it? Opinions please:

"INCOME monthly annually
rent 1 $575.00 $6,900.00
rent 2 $325.00 $3,900.00
rent 3 $650.00 $7,800.00
rent 4 $325.00 $3,900.00
rent 5 $325.00 $3,900.00
Total Inc $2,200.00 $26,400.00

EXPENSE monthly annually
Taxes $240.68 $2,888.16
insurance $58.17 $698.00
Water/Sew $60.00 $720.00
gas $100.00 $1,200.00
electric $263.08 $3,157.00
financing** $704.63 $8,455.56
Total Expe $1,426.56 $17,118.72

CASH FLOW$773.44 $9,281.28

*** 97% financing
Purchase price $99,000.00
I will pay your $2,970 down payment
Amount Financed $96,030.00
rate (fixed) 8%
term 30 yrs
mortgage payment $704.63

You can get your cash flow ever higher if you invest in submetering for the electric"

Thoughts?