How can I make the numbers work?

[Jewel Brown]

PurPurchase DetailsPurchase Price ($) :123,794Closing Costs ($) :3,000Loan Points ($) : Estimated Repairs ($) : 100,000Legal Costs ($) : Other Costs ($) : Down Payment ($) : 24,758.80Down Payment (%) : 20Loan Amount ($) : 99,035.20Interest Rate (%) : 3.0Terms in Years : Monthly Payment ($) : Cash Needed ($) : 127,758.80Income - Monthly - YearlyRent : 1,200 | 14,400Other : | Expenses - Monthly - YearlyProperty Tax : 1,727 | 20,724Insurance : 200 | 2,400HOA : | Management : 1,200 | 14,400Water : 100 | 1,200Garbage : | Sewage : | Electricity/Gas : | Heating : | Maintenance : | Vacancy : | Travel : | Other : | ResultsCash Required : 127,758.80Loan Required : 99,035.20Monthly - YearlyIncome : 1,200 | 14,400Expenses : 3,227 | 38,724Financing : 0.00 | 0.00Cash Flow : -2,027.00 | -24,324.00Cap Rate : -10.73%COCR/ROI : -19.04%

[Avi Garg]

Better to reformat the post and use BP calculator and post it here. 

Here's a few things that you should look into:

- Property tax - $21k is a lot. I am guessing it should be $1727 for a year not month

- Insurance - Get a few more quotes for insurance. $2400 for a $125K property seems high

- Management - Usually is 10% max of rent. You are paying 100% 

- Water - See if you can get the tenant to pay for it