Basic CashFlow calculations on 1br condo

[Drew Slew]

Hi All, 

Want to run through some basic numbers with more experienced people here, see if all is right. 

Generally i read the 1% rule, renting out something for more than 1% purchase price. 

6+% cap rate is good etc. 

I am looking for mortgaged calculations, see what numbers to run for an investment property. 

Let me know any feedback. THANKS

purchase	145000
downpayment	30000
monthly rent	1500
tax	250
insurance	20
mortgage	600
HOA	230
vacancy 10%	150
repairs 5%	75
ANNUAL NET	2100
CF/month	175
CapRate	6.41%	NOI / purchase
NOI	9300	no mortgage in it
Cash on Cash	7.00%	annual net / downpayment