9th rental property in Indianapolis. Numbers inside.

[Gabe G.]

I got my 9th rental property rented. Here are the numbers

3 bed 1 bath 1 car garage in warren township schools. Close to 465. 1100 sq ft.

House was in rent ready condition and needed nothing with new carpet, new paint, updated kitchen, roof only 3 years old etc.

Purchase price $51000

Down payment at 25 percent $12750

30 yr fixed at 4.75 percent

Taxes 1020 a year

Insurance 560 a year.

Rent $800 a month

50 percent rule $400 NOI

P/I  $200

Cash flow- $200 a month

Any opinions?