1st rental property analysis

[James Roux]

Good evening everyone long time browser here on Bigger pockets finally ready to pull the trigger here. Just would like someone to look over my numbers on a property. Hopefully someone could correct me if I’m wrong with my numbers and let me know if this property is even worth it. I keep running the number on a different website and this is what I come up with. But when I do it on bigger pockets calculator I get  a way less desirable result.

Purchase price 158000

5% down=$7900

30 year fixed assuming 4.25% not sure exact figure here rough estimate

Rent $1300

Mortgage $738

Vacancy $65

Property taxes $158

Rental insurance $85

Maintenance $65

PMI $67

Cash Flow $122

NOI per year $855

Cap rate 6.5%

IRR 27%

Thanks too anyone who can advise much appreciated