Single home- First time investor need help with COC and CAP rate

[Eve Oliver]

I am a new investor and I am looking to buy my first Single home.  I need some help with my numbers: I used bigger pockets calculator. What is a good Cash on Cash and Cap rate for a single home? This house is move in ready. 

Monthly income: $1200

Purchase price:$84,900

Monthly expenses: $987.52

Monthly Cash Flow: $212.48

Cash on Cash ROI :9.45%

CAP Rate: 8.23%