How can this work for rental?

[Timothy Javins]

I'm looking at a rental. Here's my analysis:

https://www.dropbox.com/s/a53xqujtbgv7o4u/Rental%20Property%20Analysis%20-%20ghosted.pdf

Anybody see problems in the figures?

Details:
+ Very desirable part of Northgate (Seattle) = https://www.dropbox.com/s/cjrjvq1so4zosk7/Google%20Maps.png
+ Seems to be below market value (or roughly at)
+ Covered parking (under the condo)
+ bus access very close
+ I-5 access very close
+ same renter for past 5 years
+ May appreciate about 9% next year.

I think this is set to go for purposes of appreciation.
I need input for the cashflow part.