First possible SFR investment. Looking for advice.
Below is info on the deal. Any advice would be appreciated. Let me know if I missed anything. Thanks!
House cost is $125,000 - negotiate to $122,000 (4/2) 1626 sq ft.
Taxes = $2,582
rentometer states = average rent = $1198, median rent = $1298
Realtor comps for rent = $1,400-$1,600
I ran numbers using = $1,375/mo rent
I plugged in 8% Vacancy Rate, 6% Maintenance, 6% Cap Ex, 10% property management
Here is what the calculator spit back out.