The calculations, to me, seem to be working and align perfectly with the theory, but I’ll check again in the morning. 

However, this terminology can obscure the underlying issue: the original asking price was not aligned with the market reality.The Benefits of Price CorrectionsWhile the term "Price Improvement" may be somewhat misleading, the process of correcting inflated prices is beneficial for the real estate market as a whole.

It's a learning experience to find out it may not be the case - and a good question to ask in the future.From an owners point of view I feel interest should be aligned and PM's get paid parallel to owners. 

Compared to the US, the financing is different (if you need any), the legal system is different (you need to vet the parties), pre-construction works differently (if that's what you want to buy), the buyer/seller psychology is different, ...It's important that you get the needed knowledge or work with people who have it and have their interests aligned with yours.I have replied to hundreds of posts about investing in Mexico over the years so you might find some what you look for there.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

Your microwave hood is also crooked and not aligned with the range.

If you have some availability to discuss your goals further, I'd be happy to go over some excellent investment opportunities in Georgia that might align with your objectives.

Try to find those that align with your goals.  

It’s better to wait for a deal that aligns with your financials than to over-leverage yourself.If you need financing insights or options to help bridge the gap, I’m here to assist!

You should also think about who you are trying to target and if this type of experience aligns.