Please critique my 1st deal

[Ron Robin]

Closing in a few days and getting little nervous.
All cash deal, mainly looking for cash flow because I no longer can work a full time job for reasons I won't go into.

The house has a new roof (about 3 years old) and a new a/c and heater(3 years old) and will have a new hot water system. We will also be redoing the bath and floors in kitchen and living room.

Paying 50k and rehabing for 5k. 3br /1bath
Rents for about 950. taxes and insurance, and flood will run about 200 per month.

Two comps in the neighborhood, Asking 91k and 115k.
Only two rentals in the Neighborhood is a run down 2 br/1 bath double that they are asking 800$ and a Three 3br/1bath for 1000$