Analyze my FIRST deal

[Account Closed]

I am about to purchase a 3 bd/2 bth 1498 SF property in Indianapolis. Pike township.

Purchase price is $119,900

Rent: $1,175

20% down + closing cost: $26,858

Principal + Interest (4.75%): $500

Property Tax: $200

Insurance: $60

HOA: $18

Property Management (8%): $94

Vacancy (5%): $59

Maintenance (5%): $59 

Assuming I get $1,175 I am looking at $185 cash flow for a 8.2% CoC return.

How do you guys like this deal? Any suggestions on my calculations? Do you believe the rent estimation is accurate?

Thanks in advance!