Is my math missing anything?

Dear all,I´m looking for my first deal, I mean a 3bed house around 80m2 in south Spain (El Puerto de Santa María) where i live, 40.000€-70.000€. I would like buy and hold for rent, and the numbers are:Purchase Price: ...

I plan to present detailed math with AVR, pictures, timeframe and exit strategy.

@Bill Werkheiser It's just a quick napkin math way to estimate the expenses on a multifamily property.

I could fix them myself but with this property the Taxes are very high I know when I grieve them they will go drop extremely but because I have to pay the Taxes in closing it takes away some of my money I would have used for repairs and kind of disrupts the math on the property.

Now, if you asked me should you take out a TSP loan and buy another rental property, then that math probably says yes, because you could get a low percentage mortgage loan and borrow even more money.

The math still doesn't work out to favor new construction, so there is obviously other factors I am not considering.

Always do your own math!

The implication is that they could have stayed (in MA the tenants have lots of rights) and simply not paid rent and trashed the place. 

He tried to send me an example amortization which was just. . .wrong. . .like that's not how math works wrong, lol.Bottom line: If you receive an email from Steven Wilson from UNITED LOAN MANAGEMENT COMPANY, it is SPAM and do not even respond to him.