Hit my goal! Still need help

[Matthew Hamilton]

hey guys so a year ago I joined biggerpockets!! I mentioned it was my goal to have around 8-10k saved up in one year and I did it! Ive also taken my biggest step so far and actually called a real estate agent about a property i was interested in to figure out its current rents and expenses!! My goal is buy and holds and where I live there are mostly SFH's. My problem is finding a deal where my numbers work!! With taxes, insurance, PITI and operating expenses my projected max price is around 70k. Are my operating costs too high? My target rent would be 1200 for a 3 bed 2 bath home.

Added expenses ive used on every deal ive analyzed. Vacancy 10%, Capex 10%, Repairs 5%, Property management 10%. Are these numbers too high? They end up being higher than the 50% rule when I add in taxes and insurance...

Thanks!!