[Calc Review] Help me analyze this deal

[Kelly Pierce]

View report

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

So I had a discussion with Memphis Invest and got vague numbers of potential deals they have. I went with the cheapest one discussed (very briefly) and did a quick calculation. I feel like I'm using the calculator VERY wrong or something. According to this even if I paid cash for a property at the rents they are claiming there is only a 2.25% ROI (if the CAP rate is 7%) which I don't yet know for sure. Really I'm not claiming anything wrong AT ALL with Memphis's deals but potentially with my calculations. I was looking to do something like that with 20%-30% down but it was so upside down it didn't make ANY sense.....again unless I'm using the calculator wrong. I did a Webinar where they (very quickly) went through using the calculator so I thought I had it down???