Are my expenses too high
I've been using the following template to evaluate houses (thanks to whoever uploaded it). I run admittedly pretty conservative numbers on both sides. Also, I plan to self-manage but I want to stress test each property as if it were being managed so that I can step away some day. This is just a sample of a house I looked at but it is indicative of the problem, nothing seems to cash flow. Are my expense numbers too high or am I just finding "deals" that aren't really deals and I just need to keep looking? Please give me your honest opinions about the numbers and the evaluation.