Shoreline seattle property

[Cameron Brulotte]

in the process of closing my first deal as a home. Close to new light rail and not to far from downtown Seattle

Address is 15030 greenwood ave n for those that live in the area

Not meeting 1percent rule huge negative I know that

Purchase price 365k

Zillow rent estimate 2100

My mortgage 2130-2146

Lot size: 9400 sq ft

House: 1260 sq ft

Positive: major potential for updating or developer buying the land.  Please give me some advice. Going through inspection weds

Is this a good buy or bad buy if I end up renting out the other room for half the mortgage?