Ever ok to pay market value for a property?

[CJ M.]

These numbers are hypothetical but not too far off from what I see in the midwest. Do successful investors ever pay market value if the numbers still work for them in rare instances (and it was a buy and hold SFR)?

Market Value: $50,000

Sale Price: $50,000

Neighborhood: C-Class

Appreciation: Very little

Closing Costs/Registration: $2,000 (est.)

Taxes/Insurance: $100/mo.

Rent: $995.00 (no rehab needed/already rented)

25% allowance for capex/repairs/maintenance: $250/mo.

MONTHLY EXPENSES: ($100)+($250)=$350.00

MONTHLY CASH FLOW: $645.00

CoC %: $7,740/$52,000=14.88%