Opinion on deal analysis

[Steven Eastman]

Looking for my first deal and trying to educate myself. Here is something I am looking at in the Denver market. Even in Denver is $130 to slim of cash flow? Also, how heavily do you rely on Cash on Cash? This would be purely investment and therefore I need to do a conventional loan and downpayment. Plan would be refi in the future hopefully. All advice is welcome. Cheers!