Numbers not adding up

[Braden Coast]

I'm running numbers on potential rental property purchases and the monthly expenses beat out monthly income drastically. Am I being too conservative at 10%capex 10%repair&maintenance 10%property management and 10%vacancy. I'm gonna have to get one heck of a deal for these places to work out(read 25-30% off asking price)!! I've got some pdfs generated if you guys need to see my work

[George P.]

You'd have to get a wholesale deal and then some to make that work with those assumptions...  However... If u ever move away and still hold it 20 yrs, you will regret not having 10 per cent property management fee.. ..