Evaluate this deal on a SFH

[Luke F.]

Did I miss anything here?

House Cost	$68,700
Repair Costs	$5,000
Down Payment 20%	$13,740
Total Owed	$59,960
Rent Estimate	$1,000

Mortgage (5% at 30 years)	$322
Management 11%	$110.00
Property Taxes	$21.30
Insurance	$50
Vacancy 5%	$50.00
Repairs 5%	$50.00
Cap X	$150
Total	$753.30

Cash Flow Per Month	$246.70
Cash Flow Per Year	$2,960.40
Cash on Cash Return	0.21545852