Need help with first deal

[Rob MacSwan]

Not sure what info is needed but check out the below and let me know what you all think. What am I missing? Thanks so much!

3br 1 bath 870 sq ft single family in Richmond, va

Listed for $65k (my agent expects a sale price closer to $70-$75k)

Approx $2000 for repairs and improvements

Rent $1100-$1200

30yr Mortgage, tax, insurance approx $425/month

Management fee & and repairs approx $330/month

Cash flow- approx $350

[Ronald Martin]

Rookie here, looking at comps in the area, the other 3 beds with low sq footage are older homes. So, I'd double check your repair and improvement number. Second, make sure you check the rent number with multiple sources (management companies, craigslist, or drive neighborhood). Yours would likely be the smallest 3 bed available for rent. That's all, I'll let other chine in.