SECTION 8, good cash flow?

[Alex Castillo]

Hello Everyone,

New to real-estate investing. I was looking into section 8 in Texas because of the rent paid by HUD is high in some areas.

I did the numbers for outside of San Antonio.  

The fair market rent for a 4 bedroom pays 2100 via HUD. I found a house for sale in the area for 171k. After plugging the numbers, cash flow would be 400, COC 12.5. Assuming no major problems with the home, section 8 sounds like easy money. What do you all think?