Could you help me evaluate my 1st deal?

I'm already a landlord.  My wife and I own bought a new house last year.  We kept our old house because it was paid off and put a renter in it.  It's been a great first year!  So we became accidental landlord lol.

Now we are going to BUY some deals and expand our rental portfolio.

I have a good deal on a 3 bedroom 1 bath home.  It's already been flipped, just needs appliances.  I think there is great room to add value to the home as well (a 2nd bathroom could easily be added before we resell it later.  But its 100% rentable now).

I used the pro tools and was just wanting someone to take a look and let me know what they thought.  It looks to me like it would cash flow pretty easy.  Thoughts?



I was super conservative with all my numbers, still learning.