Hi, alright first deal. I ran a calculator and numbers are shown below, it so far check marks most of the items I am looking for in regards to property appreciation potential, location, strong rental numbers, school, crime, and other small checklist. I used a 1% for vacancy allowance as the rental is strong in this area, and 4% for repair allowance as it just got completely rehab. What do you experts or non experts think?? Thank you in advance for any input!

Assumptions: Lowest Appraisal Loan
INCOME AND RATE OF RETURN
Purchase Price 154,900.00
Loan Amount 123,920.00
Down Payment 30,980.00
Estimated Annnual Gross Rents 15,540.00
Estimated Annual Equity Paydown 1,700.18
Estimated Annual Principal & Interest ($8,350.19)
Estimated Annual Property Taxes ($3,000.00)
Estimated Annual Homeowners Insurance ($746.78)
Estimated Annual HOA Dues $0.00
Estimated Annual Management Fees ($1,877.75)
Utility costs to be paid by landlord (if any) Annual $0.00
Lawn mainteannce costs to be paid by landlord (if any) Annual $0.00
Indirect Vacancy Allowance Annual ($) ($155.40)
Repair Allowance Annual ($) ($621.60)
Misc. bucket for costs per month Annual ($60.00)
Estimated Annual Net Expenses ($14,811.72)
SUMMARY OF RETURNS
Estimated Annual Gross Income $2,428.46
Estimated Monthly Gross Income $202.37
Estimated Annual Gross ROI 7.84%
ESTIMATE OF CASH FLOW
Loan Amount 123,920.00
Interest Rate 5.40%
Loan Term in Months 360
Estimated Principal & Interest ($695.85)
Estimated Monthly Taxes ($250.00)
Estimated Monthly Homeowners Insurance ($62.23)
Estimated Monthly HOA Dues $0.00
Estimated Monthly - MISC ($69.75)
Estimated Monthly Management Fees ($156.48)
SUMMARY OF CASH FLOW
Estimated Monthly Gross Cash Flow $60.69