Is $200 in Cash Flow a good deal?

[William Eric Schaefer]

Hey everyone,

I'm about a week out on finishing my first property, I planned on making it a rental however after running the numbers I will be cash flowing about $254 per month (after all expenses). I'm all in at 57k and it appraised at 75k, my bank is allowing me to pull out 80% LTV on a 5 year ARM with a 20 year amortization which works for the BRRRR model.

So my question is: Is $254 in cashflow actually a good deal? My only other alternative would be to sell obviously...

Any input is much appreciated!