$487 Cashflow and 18.90% ROI. Anything missing in the analysis?

[Yang Li]

This deal looks good on paper. Did I miss anything in the analysis? Want to confirm before visiting the site. Thanks. 

Address: 909 6th Ave Oroville WA 98844

NOI: $717

Cashflow: $487

Cash on Cash ROI: 18.90 %

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Price

Offer Price: $69,794

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Income

Rent: $1,172 @ 105 %

Other Income: $0

Total: $1,172

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Expenses

Interest: 3.88 %

Mortgage: $230

Tax: $45

HOA: $0

Vacancy: $59 @ 5 %

Insurance: $59 @ 5 %

Utilities: $0 (renters pay)

Repairs: $88 @ 8 %

CapEx: $88 @ 8 %

Property Management: $117 @ 10 %

Total: $685

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Total Investment

Down Payment: $20,938 @ 30 %

Closing Cost: $3,000

Rehab Cost: $6,979 @ 10 %

Total: $30,918

[Leon Collins]

Yes, it does look good on paper. First, I figured out you loan amount is $48,856 (lead with that next time). In expenses, Repairs and CapEx at 8% should be $93.76 (total expenses are then $697.20), and the Total Investment is $30,917 (instead of $30,918). Now, just looking at RentOmeter, I would run the numbers with $1200 as the rent income, if I were you. Other than that, it really looks good. Let me know what you think Yang. By the way, did you do rent comps with Craig'slist in this area?