Akron, OH - Single family rental analysis

[Graffi Afcha]

Hi everyone!

My name is Graffi, I live in South America. 

I am starting investing in Real Estate in the US and my goal is to create passive income through rental properties. Being far away I will use a turnkey company, at least at the begging.

Below is the first property I purchased and I would appreciate your comments on wether I did a good deal or not:

3/2 - 1682 (Lot 4199) Built in 1921, located in Akron, OH 44314

Closing price: USD 44.000.- (including rehab and closing costs)

Rent: 750

Management fee: 75

Taxes: 63

Insurance: 44

Maintenance: 56

Vacancy: 56

CapEx: 75

Net income: 381.-

Anual income: 4.572.-

Cash on cash return: 10,39%

All your comments will be greatly appreciated.