@Mark Chenevert , how are you funding this with 0% down? VA or USDA loan? Both would require you to plan to live there. That will cut your rent in 1/2.
Your expenses look pretty good. You're overlooking water/sewer and lawn care. I doubt this property will cash flow with 100% financing. May still be a good opportunity to lower your living expenses, build some equity, and start getting some landlord experience.
Thank you for your answer! I am someone with $0 to start.(w/ others willing to partner). BRRRR is ultimate goal, but should I flip first for capital?
Not a veteran by any stretch, but I'd also point out that your Purchase Price and ARV are the same. Never pay full price!