New Rental Property Suggestions

[Ryan Latham]

What do you think about this deal?

Back story. The property is owned by people we have known very well for 10 years, and we bought a property from them 2 years ago. That property has gone great. So we are looking at buying another one from them. 

Deal

Property - 3 bed/2 bath

Purchase Price $105,000 

House Value - $115,000

Renting at - $950

Mortgage (tax, insurance) - $555

Maintains/Capital improvements - $100

Vacancy - $125

Property Management - $95