[Calc Review] Help me analyze this deal - Looked good at first?

[Brandon Carriere]

View report     This looked good at first glance, but maybe not so much after digging in?  Using equity from a paid off property for down payment so P&I would be around $460 for a 76k loan, which I factored in as extra costs per month on the calculations.. So only a few k out of pocket for closing costs etc..  

*This link comes directly from our calculators, based on information input by the member who posted.