Is this a good investment?

[Tarvis Carson]

Hello,

I am analyzing a deal for a SFH. The home is a 3/1, 903 sqft, built in 1960 and its listed for $89k.

The interior has been renovated for the most part with newer appliances. The exterior lawn and pavement could use some touches but it looks like I could make around $900-1000 in monthly rent income. Other homes in the area sell for around $95k-115k.

With those number it would meet the 1% rule, my only concern is the age of the home and it has what looks like an HVAC unit on top of the roof which is outdated and I’m not completely sure on the costs of upgrading the HVAC system will be.

So my question is would this be a good deal at $89k from what I explained? Thank you.