Otherwise, it just seems that it would be taking advantage of someone's lack of understanding of the math behind that scenario.  

If you are putting 20% down that would yield a purchase price offer of around $202k.Make others can check my math to make sure I got it right in my post-hurricane haze.Bob

As far as the basics of financial freedom and getting to my magic monthly gross income, I am aware of the math you showed.

And when you start looking and low-dollar properties you can have small dollar amounts making a big shift in cash-on-cash returns.Just for easy math (ignore impracticalities): $70K purchase price means $17,500 down.So you need $1,750 in cash-flow to make your 10% goal.If you get $1,500 it's an 8.5% cash-on-cash return.

As a percentage your math is probably right but with a less expensive property I think you need to skew the percentages up.  

My earlier math was wrong, Received new info, it is an estate trying to clear things out.

It seems like basic math to me, and if you are trying to help your "client," then you should put their profits above yours, and above your colleague's, and above your brokerage.I have received this runaround from both Windermere & Sotheby's in the past couple weeks and it is extremely frustrating because they have both specifically said they would tell the Seller that they should not trust an offer if it does not go through another realtor.

Bring your laptops, and I'll go over math calculations which will show you why I invested here for the last 2 decades and why I still continue to invest.

Replacing roof, HVAC, water heaters, etc. can certainly change the math quickly on a $100k property.That said, if its currently rented you can assume the plumbing and electrical systems are at least functional.  

Not because of *you* but just because of conversion ratios (pesky math).