Its GO TIME. Second opinion please

[Michael C.]

I am almost under contract on a property here in atlanta please read details and let me know if you see any big red flags.

Price: 70k  25% down plus closing cost will have me around 19,900 out of pocket

2bd/2bth currently rented for 950/mo comps in area represent this number as average for the neighborhood

Currently livable but definitely needs work.

Shingles soon

co/alum outlets for aluminium wiring(old house)

1 tree needs to be removed at some point SOON after arborist declares dead.

The numbers seem good but I'ts a lot out pocket for such a small property I wonder if I could make better use of my funds.  

Recap

70k 25% down

950/mo rent

mortgage will run about $420/mo plus 10% PM($95)

numbers look good on calc.  Honestly I'm just nervous.

What you guys think 

Calc is below