I am very new to this and looking for tips based on this report.. Currently no offer is on the table just would like expert info please 

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*This link comes directly from our calculators, based on information input by the member who posted.

Welcome to BP! Couple questions/ comments: 

- do tenants pay for all utilities in your area?

-i suggest adding in vacancy and property management allowances to be conservative. 

-how new is the house? Was it rehabbed with quality? Asking since cap ex and maintenance are both at 5%. I usually do more for older homes in my area of Michigan, even if remodeled since it seems most around me are lipstick on a pig!

-how did you calculate property tax? Make sure the number is not the tax the current owner pays... it gets recalculated in Michigan upon transfer of ownership based on what the town deems its "market value". Look into that and if not sure, you can ask me. Or to get rough number, compare taxes to recently sold homes in your area and scale the taxes up/down based on this property's value.

-typically Tenants pay for utilities and 
-ill add that in, right now tenant is under contract until mid 2021
-house is older inside looks ok from pictures still need to actually see it in person. i probably should adjust the maintenance higher 
-property tax was estimated base on current tax assessment with multiplier being fairly close to what the sale price is now. the house was sold in 2018 for 80K 

It looks like it would cash flow well. I may have missed it but I didn't see any vacancy. I would be sure that you factored that in. I also typically assume some up front repairs are going to be needed, but it may depend on the age of the home. Are you paying retail? ARV looks like your purchase price. This is more personal preference, but I like to buy with some equity in the deal so I can refinance later and get my money back, but that doesn't mean it's not a good deal for your criteria.