Return on Investment

[Patricia Luna]

Hello,

I am considering investing in a property in Denver, PA. that is $160,900. It is under construction, and will be done at the end of September.

The rent, which is expected to be $1,100, will leave me with $170 monthly cash flow. $2,970 annual.

I wrote down all the pertinent numbers and calculated a 8.5% ROI. I read a decent ROI goes from 8 to 12%, but I will like to know what is your opinion, is that ROI enough?

TIA. for all your input.