BIGGER DWN PMT=MORE CASH FLOW

[Maria Luna]

HELLO FRIENDS!!

Does this sound like a good deal??

SF 3/2 price $160k, down pmt 20%=$32,000. Rents for $15000, cash flow $500 per month after paying mortgage, taxes, insurance and putting a couple hundreds aside for repairs. I plan on managing this property my self. Good location A type neighborhood. I have only done FHA before so the 20% dp is new to me, but I feel like it's worth it.