First Residential Rental

[Justin Smith]

An older gentleman from church is selling off his portfolio of SFH/MFH rentals in the Belleville, IL area and offered one to me as he knows I want to get into RE Investing.

Purchase price is $50,000  for a 3 bed 1 bath and the current tenant is renting at $800/month. Market rate is $1100 on the same street for the same style, size, and age of house.
The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.

Property taxes from 2023 are just north of $2000.

Based on this Deal Calculator it should cashflow month 1.

My questions:

1. Is this a good deal? (on paper it looks so, but maybe I missed something?)
2. How should I go about financing this? (DCSR loan?)
3. What type of help is there for down payment? (I don't have $10k liquid, are there other options or do I just need to save-up for a few months?)