20% down payment deal analysis

[Henry Le]

Hi everyone,

I'm thinking about purchasing a small 1,000-1,100 square-feet single family house for $150,000.  I'm going with the 20% ($30.000) down payment and finance the rest through a bank.  The estimate rent is $1,100 per month.  Property tax in the area is 1% of the sale price I think.  After all expenses such as mortgage, property taxes, insurance, etc. would this be a good deal if my aim is 10% cash-on-cash return?  

I'm new at this and it would be my first purchase.  Thanks!

Other information:  The property is located in Sacramento and/or Elk Grove, CA.