New home build... HELP!

[Adrian Schlueter]

Possible deal in place through KB Home...

$126,990 is base line price...

• tile entry
• vinyl kitchen/utility/bath
• carpet in living and bedrooms
• energy star qualified home (more of a selling point to renters?)

area rent comps are around $1100-$1300

2 year plumbing and HVAC/electrical warranties

10 year foundation/framing/structural warranties

If we use KB's lender they cover 2% of the closing costs...

no rehab is needed.. it's a brand new home with warranties.. seems like a good move.. but i'm stuck! first deal.. $300~ monthly cash flow if we can rent it at $1300.. it's a go right?!?