Good deal or not???

[Malik Awan]

Foreclosure property in C class neighborhood Bank is asking $45000 Rental value is around $700/month I'm approved with my credit union with 25% down Payment with escrow: (Tax and Insurance) will be around $300/month. vac rate should be 10%. The property is in great condition and shows well (remodeled 2 years ago) and is rent ready after minimal work: paint touch up and appliances (fridge, cooking range, washer dryer) Should I pull the trigger and go for it? This will be my first investment property. Any useful advice will be appreciated.