Need Input on SFH

[Jeremy Walker]

I think I pretty confident on this deal but just wanted some verifcation I'm looking to buy this home from family here is the breakdown:

Purchase Price: $35,000

Initial Market Value: 63,000

Currently Rented @ 695.00 per month

Mortgage Quote: 15 years @ 4.125% (195.82 per month)

What other info am I missing that will be useful to evaulate?

[Milton Sonneberg]

What are the taxes, insurance and other expenses? You need that to determine your net operating income (NOI). How much are you borrowing? How stable is the area in which you are purchasing? How long is the lease? How easy is it to find tenants? Is the lease at fair market value? Above? Below?