First Rental Property under contract

[Joseph Danehower]

Assessed value: 35,000.00

Purchase Price (cash offer): 17,000.00

Cap Rate 7%

Rehab costs: 12,000.00

Monthly Rental income: 650.00

Management fee: 8%

Monthly repairs: 10%

Is this a good rental deal? I tried using the analyzer, but I didn't quite understand some of the things about the evaluation. Ideally we want to fix it up, get a tenant back in the property and sell it with the tenant or try to owner finance and sell it to someone. Any suggestions?