Fort Worth Property - thoughts?

[Harshad Ranade]

BPers, 

Here is a property I am evaluating. Numbers look decent to me. Wanted to get a gauge of whether this one rates anywhere close to good in your opinion? 

SFH - 3/2 1400 sq ft, 2003 built; Suggested offer price 96K, 10K repairs, 2K closing costs

5% int, 20% down, $207.6 monthly tax, $72 monthly insurance; Estimated rent $1175. 

Thoughts? 

[Scott Nipp]

Yeah, what @Hattie Dizmond said...

Also, how are you handling property management?  That's a LONG way to manage a property remotely.  Might want to factor in another 8% for that and the deal looks a bit on the thin side there.  Property management brings your monthly cashflow down to about $90/mo which would be too low for me to want to take a shot at.