Seller Financing Opportunity in Baltimore

[Che Ross]

I have an opportunity to buy a 2 bedroom/2 bath town-home in Baltimore in an up-and-coming neighborhood. The home is fully renovated and requires no work, negotiated price is $138,000, for a 5 year term with a payment of $1,125/month, and a down payment of $10,000. Currently negotiating the down payment and price/month. My goal is $138,000 (down from 140s), for 5 years with $950/month and no more than a $5,000 down payment. This way I can rent it out for 1,500-1,600/month. Is this a good deal?