Analyzing my first possible deal

[Rachel Lindenthal]

Hi, I've been thinking about investing in a rental property for awhile.  Initially my plan was to buy a multifamily to live in/rent out, but I live in a high cost area, and eventually gave up my search. 

Recently I came across a small, but nice condo for 95k.  It was rented for $1325.  Taxes are 800/ year and condo fee is $200.  It seems like these numbers actually work.  

price $94,900.00

down $23,725.00

debt $71,175.00

other money down to fix or clean $2,000.00

rent$1,325.00

vacancy est 10% $132.50

repairs $83.33

hoa $222.00

insurance$83.33

mortgage$404.00

taxes$65.08

Cash flow$334.75

I'm going to see it tomorrow, but I want to show up prepared.  I know to check the hoa rules about renting.  Any other tips?  I could theoretically but it in cash, but I'd like to keep my money in case something else comes along or I want to buy a house for myself.  I'm currently a renter. How do my numbers look?  Thanks so much for any input!