Please evaluate this small SFR first deal

[Richard C.]

Hello Everyone,
I’m new here, my past real estate purchases and remodels have been for my primary residences. I wondered if anyone could take a quick look at this deal, and let me know what you think?

VA Vendee financing, 30yr, 4%.

Purchase Price 37,500
Down Payment 1,875
VA Origination Fee 2,500
Seller Paid Costs 1,125
Move-in condition.

(month/year)
Rent 850/10200
Vacancy @ 10% 85/1020
Est.Gross 765/9180

Taxes 100/1200
Ins 73/876
Maintenance 100/1200
Subtotal Exp 273/3276

NOI 492/5904
Debt Service 150/1800
Cash Flow 342/4104

What do you think? Is this worth getting into?
Thanks for your time and knowledge.
Rich