Small SFH Opinions - You buy off these numbers?

[Jonathan Napper]

I am just curious if anyone else thinks these numbers are good. It's a 2/1 SFR 648 SQFT, .4 acre lot that backs up to elementary school. Interior & Exterior are fine. Siding. Taxes are $243 per year.

Purchase Price - $26,000 

Mortgage - 0

Repairs - $1,000 (Its clean and well kept)

Total Cash Outlay - $27,000

Gross Rent - $540 (Rentometer.com says $590)

50% Rule - $270

NOI - $270

COCR - 1% Per Month

What do you guys?