Solid Property based on the Numbers?

[Brett Michael]

Investment property about 6.5% for a 30yr mortgage. 20% Downpayment.

Mortgage would be $1600. Downstairs rent could go from $1500-$1750. Upstairs (separate space with kitchen would rent for $500- as I already have someone lined up for it.

Purchase price about 230k. So, after closing costs I would need roughly 55k cash to bring to the table. 

Would like to know if this is even worth it? Thanks!