Am I on pace to BRRRR for my first deal?

[Blake Mackenzie Hochadel]

24 yr old Cleveland based Agent/soon to be investor, bought my first rental in October.  I wanted to get some feedback from you guys to see if I'm on the right path to Brrrr, as I sometimes second guess my first deal...   Here are the numbers!

117,000 Purchase Price. (conventional loan)

133,000 Appraised value (before renovations) 

17,550 Downpayment (15%)

20,000 in rehab (still rehabbing) 

I bought in a very established/trendy part of Cleveland (Ohio City).  I could easily rent out my place between 1300-1500 making 300-600 passive per month.  Big investing goals ahead, looking forward to the feedback!