Looking into my first rental property. What kind of return could I expect from this property?

[John Richardson]

Hi, I'm looking into buying my first rental property in another 2-3 months.  I'm looking around in my market to see what is out there, even though the listings will likely look very different in a few months.  I'm getting more familiar with what to look for and how to run the numbers.  I was wondering if you guys could run the numbers and give me a realistic expectation for a return.

Here is an example property:

http://www.realtor.com/realestateandhomes-detail/2...

Buying price: $80,000 (20% down - $16,000)

Total monthly rent: $1,475

Taxes: $3,800

Insurance: $800

The rest of the numbers you guys can add in as you see fit.  The listing says the utilities are all separate.  Also this would be a hands off investment so I would be using a property manager.  I'm interested to hear all of your estimates for an expected return! Thanks everybody