Assumable loan at 5.5% 13k to get into it. cash flow of 150

[Samantha Baker]

Hello, 

I just want to make sure that I am not missing anything that I am not aware of prior to buy this home. 

320k buy price Seller owes 307k on the loan

Assumable loan at 5.5%

I would pay 13k for the equity in the home and still have 28.5 years left on the loan at close

Total to buy the home would be 15k at closing

Bonus she is leaving a Washer/Dryer/ and Fridge for me

Seller pays 2122 for mortgage/tax/insurance and there are no exemptions on the home. 

I can rent the home for 2400 comfortably. 

The seller wants to rent for 6 months after sale until her new home is built, putting it vacant in June this year for a new tenant. 

Am I missing anything? This looks like a great deal to me. 

Looking for my second property and I think I might have found a gem!!

Thanks in advance!!

Sam Baker