SFH - FSBO Deal Analysis

[Joe Fornasiero]

I found a home in my neighborhood while walking/driving for dollars. The home is FSBO. Does this look like a decent deal? Market value: $135,000 Offer price: 120,000 Home is fully renovated and I plan to manage the property myself because it's right down the street from my primary. A class neighborhood. Rents would be approximately $1350/mo. Vacancies 8%-$108 Maintenance 5%-$67.50 Capex 5%- $67.50 Taxes- $192 Insurance-$100 P&I (20% down) - $475 Total cashflow: $340 COC return: 16.32% Am I missing anything?