First time investor...please help me analzye this singlefamily

[Cassie Villela]

Single family, 3/2 with optional 4th room in garage. No repairs absolutely needed, but a few bucks spent on paint and a new garage door would improve curb appeal dramatically (home is nice inside, super ugly from the street).

Offer price: $117,000

Comps: $130-140k 

FMR: $1,050-$1,100

Financing: Putting 25% down, would get around 4.8% interest rate according to broker. Would spend about $1000 cash on minor cosmetic improvements.

San Antonio, TX market (crazy seller's market now, lowest inventory in decades, etc.)

RE investing goals: Build portfolio that will provide cashflow and flexibility with low risk.

We're in the situation where we don't quite have the cash on hand to find distressed properties/sellers, but we have enough cash/good credit to get financing easily and at good rates.  With the market in SA, it seems very difficult to find great deals. We don't want to make a bad investment, but we also don't want to sit around on our savings and lose $ to inflation, lose the opportunity at low interest rates, or watch the SA market appreciate even more without being in it.

What do you think? Thanks for your help!