Rental property analysis

[Sujay Kumar]

Hi,

I am looking to buy a rental property / SFH for 80,000 using funds in self directed IRA/ cash.

Monthly expenses is 760 using the bigger pockets calculator ( including insurance- 120.00 per month, property management-10%, cap ex-10%, vacancy factor-10%, repairs and maintenance-10% property taxes- 240.00 per month)

Rents for 1000-1100 per month.

Monthly cash flow is 240.00 per month( if rent is 1000) 

Does this sound like a good deal?

My goal is long term buy and hold for retirement.