Should I purchase rental property in Oakland, CA

[Danny Daniel]

Hello,

I have a potential deal in Oakland, CA with the following information.

Purchase price: $180,000

Type: Single family house

Bed/Bath: 3/2

NOI: $11,340

Cash flow: $2,064 (30 yrs financing @ 5% rate with 20% down)

Cap rate: 6.18%

I want to purchase it as rental property for buy and hold. However, the main concern for me is the crime rate. Could anyone provide me feedback or suggestion whether I should continue to purchase it as a rental? I appreciate your time and help!