Help me with this deal - Am I being too conservative?

[Hoang Bui]

Hi everyone,

Was just hoping someone could look at the sheet below and provide me some feedback. Am I missing anything? Because it seems like it's impossible to find a good deal in my area. I am trying to find a fixer-upper in a B C+ neighborhood. This one is the best so far that I could find on MLS, but the numbers just don't really work out. It is only cash flow positive with 20% down payments, and even then the return is weak. Are my estimates too conservative? What are some of the ways to improve cash flow on this property aside from reducing the level of costs? I was going through some of the deal diaries' posts, and found people that have similar price range and have CF positive. So what am I missing?

Thanks!