Deal Or No Deal

[Reginald Dave]

Hi Everyone : Newbie Here Asking a question .I found a single family home. This is what I got so far. Just wanting to know your thoughts. House needs about 5k in upgrades to be rented out. Does this look like a Deal Or No Deal ? This would be my first investment property.

3 Bed / 2 Bath, 1654 Square Feet

$82,680

Cash Flow: $6,030 /yr
Cap Rate: 12.23% /yr
Cash on Cash: 33.15%
Gross Yield: 18.14%