Is this a good deal ?

[Manmath D.]

Theres a house in my neighborhood for sale at 159,500. Lets say I'll be able to get it at 150k. I plan to live in there for 6 months to a yr. According to my local Property manager, they will able to rent it out for 1250 to 1300 (Tenant pays all utilities). 

Purchase price: $150,000.00

Closing cost: $ 3000.00

Down payment : 10%

Loan Interest rate: 4.8%

Gross monthly rent : $1250.00

P&I : $ 540

PMI : $ 45

Monthly insurance : $ 45

Property taxes : $105

Vacancy : $62.50

Repairs : $62.50

CapEx: $62.50

Management : $ 125

Total expense: $1047.50

Rent : $ 1250 to $ 1300

Cash flow : $ 202.50 to $ 252.50

COS : 13.56 %

Purchase car rate: 5.95 %

This will be my first deal. There are lot of people looking to rent here. 

Thank you for your inputs