First investment deal please help analyzing

[Sastry Konduri]

Hi,

I am looking to invest in my first property in Columbus Oh. It is a condo in an A class neighborhood. Very close to shopping and a few companies.

Asking price- 214K(I am thinking of offering 205k)

Monthly rent- 1800 to 2000

HOA- 175

Year built- 2011.

Property taxes- 4000

I want to put in 20% down and 30 year fixed loan.

I am seeing a positive cash flow according to the rental property calc. Since I am just getting my hands into the RE investment and also this property will be Out of state, I want to be safe and invest in class A neighborhood. Please let me know your thoughts on the property.

Thanks,

Sastry.