Help on estimating numbers

[David Fantell]

Hello everyone,

I need some help.  I am analyzing my first single family fix and flip property and I am trying to total all expenses for the project in order to present it to my gap funder, but when I run the numbers they do not seem right.  I know I am doing some thing wrong but I don't know what.  Can you take a look at my math and help me out... Thank You

A few Questions off the bat- 

1.Is property taxes paid in a lump sum when property is purchased or is is broken up over 12 months?

2. I read somewhere online to estimate around 6% for closing costs- should that be budgeted for purchase and sale or only purchase?

3. With closing costs- are escro, titling fees lawyer fees and all that included? or should i budget an additional 10% estimate aside for those fees or additional fees?

I used a analysis i found on BP, modified a little to fit my needs, and the house flipping calculator.  They are attached.  Thank You.