[Calc Review] Help me analyze this deal

[Joaquin M Dugan Jr]

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Good evening BP, I am trying to analyze my potential first BRRRR property and was wondering what others opinion was about the deal. The intial asking from the seller is $68K however, with some number crunching, I thought of making an offer of $50K. Could someone please provide me a second opinion to see if I am running the numbers correctly