TX Investors.. need your expertise in deal analysis

[Damian Chavero]

Hello,

I am new to REI and this site.. greatly appreciate the time and your responses in advance!

Currently running the numbers on a single family home in Kyle Texas (10 miles south of Austin). Would like to know if any experienced TX investors would have some time to review my numbers and provide any tips / feedback in general. my goal is to purchase this house and leverage the equity in the following year to purchase more properties most likely in other markets considering austin is hard to find good cash flowing houses / competitive

$275k purchase price (should appraise for ~300k or more)

Looking to put 75k (27%) down - This is flexible, would be curious what you would recommend to put down as a down payment? I am confident this house will appreciate nicely, I assume 20-30%? 

Some rehab necessary - 15-20k tops

monthly rental income - ~2000k

After renting this out, NOI sould come out to ~$1900 including vacancy, maintenance, capex, and management fee's.