[Calc Review] Help me analyze this deal - Riverside CA

[Diana Villalon]

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So, i know the numbers don't really make a lot of sense, it's CA... :( but I"m wondering if it's worth putting in an offer to get my feet wet. I am low balling this one, as they are asking for almost 60k more than what I plan on offering. 

Since this is an MLS deal, is it industry standard to negotiate the #'s with the seller to show him the numbers if it's on the MLS? Does anyone know? or would the agent just put in the offer and it comes back rejected? What do I do next?

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

[Henry Kaldenbaugh]

You are not buying property, you are buying cash flow.  This one does not cash flow.  Remember this is Real Estate Investing not real estate collecting.