Houston landlords

[Shanequa J.]

I have a property I might buy. I thought the numbers sounded good, but when I put in the expenses and rent into the rental property calculator, it shows a negative cash flow.

Here are the numbers.

Purchase- 55k

Interest rate- 6%

Rent- 1 to 1100k

Taxes- 1600/yr

HOA- 40/month

Insurance- 400/yr

I accounted for a 10% cap rate, PM, and repairs. Vacancy is 8%.

If y'all don't mind sharing, what are some of y'all numbers? Does this look typical? I want to see if I should pass or buy.