Feedback on if I should purchase this or not in this area?

[Leslie C.]

I live in Bozeman, MT and have an opportunity to purchase a brand new townhouse for $327K (or $335 if its an end unit). 3 beds, 2.5 baths around 1600 square feet. I can get it to cash flow for about $265 to $300 a month with a Coc ROI of just 5%. Many/some investors say they just buy property here and make sure they can cover expenses and they don't care about cash flow (they say its too hard to find cash flowing properties here).

I was looking for 10% Coc ROI, but couldn't find anything that would cash flow. At this point I'm thinking this might be a good opportunity to get into the market and have some okay cash flow, in a market that can be challenging to find a cash flowing property. I would GREATLY appreciate any thoughts that you might have on this and different perspectives. I really want to start out investing here, since I live here. I've been analyzing 5 properties a week (through Brandon's recommendation) over the last couple of months. I have one property that I bought almost 18 years ago and I'm committed to finding and buying my next investment opportunity!