Need some help with potential property!

[Andrew Clifton]

This property I'm currently working on looks good in the field and on paper well until I get to the bank. 
They gave me an option of 15 years at 5.25% or 20 years at 5.7% that's 460 or so / 406 a month 

Asking price 62,500
2 bed 1 and half bath 1260 sqft .36 lot
MAO: 58,400
 Estimated Property Value : 73,000
Repairs: Next to nothing besides carpet and trimming of the tree 
Rent 550 
My plan is to put it up for lease but with those numbers I don't like it. Due to the fact I want to make at least $200 net cash. Am I asking to much 
Tell me your thoughts and advice or opinions I'll listen to what ever you have to say!