Need help with investment

[Jerry Barnette]

There is a 3 bedroom 2 bath 1 garage house,

I tried to buy it a year ago for 30k and was turned down then I offered 35k and they said their bottom price was 41.5k, well I walked and they contacted me out the blue months later with a 26.5k price. I said yes and made the offer and it was accepted. I’m getting nervous now because a lot of costs I didn’t plan for are coming up but I still think it’s a good deal but wanted to get someone else’s opinion because I’m very new to real estate and feel like I’m getting over my head. This will be a rental,

!Rent should be around 700 but I want to be conservative so 600 is what I’m using in formula 20% 5300 Down 21.2k at 4.99% With bank

It dosen’t need any rehab but I added 2k just to be safe

So I’m looking at

244 Monthly Payment (10 years 4.99%)

143 Insurance and Taxes

6500 downpayment + Closing Costs

2k rehab

Anyone have any advice, tips or thoughts on the deal