Help analyzing this investment property please

[Pauline Hardsnick]

Hi everyone,

I wanted to know what you would pay for a property like this (assume no major repairs will be needed in the near future).

It is not in a very good part of town, but here are the numbers:

2 bed/1 bath, built in 1950, 720 SF

Rent: $550 a month

Yearly Property Tax: $653

Yearly Insurance: $408

Property management: 10%

Any other info you need please let me know!

Thank you for the help!