First Property Example?

[Adam Eckhoff]

Hey Guys,

I'm looking to purchase my first property. I was looking on realtor.com at a property worth $279,000. At the end of the day, lets say the mortgage payment is $2,200. The subject consists of a four-bed and two-bedroom unit. The monthly rental income would be between $3,600 to $4,200 per month. 

Doing quick math, I believe I would be making a profit on this... Why would someone not pull the trigger on this property? It seems like this is an easy investment to make... mortgage is less than rental income.... What should i be thinking before purchasing a property like this? What do you savy investors see that i dont see when looking at a property like this?

https://www.realtor.com/realestateandhomes-detail/53-Kelsey-...

Thanks,

Adam.