Help analyze numbers on a property I am looking at

[Kumar Gaurav]

Hello,

I am looking at a condo apartment it's a 3bed 2bath in our neighborhood and it's priced at $250,000.PITI is coming around $1400 when I do a 20% down payment and it's having a rental potential of $2000. The drivers for me are it's behind my backyard so I can manage it easily personally and there is room for appreciation in the near future and I am somewhat hesitant about long distance investing. Appreciate your feedback.

Thanks.

[Matt Brown]

@Kumar Gaurav

Not great but it cash flows around $200, which I'd take.

I did a quick run of the numbers.

https://www.reianalysis.com/shared.php?h=206