Should I Sell the My Rental?

[Aaron Lancaster]

I have a single family home that used to be my primary residence and about 3 years ago, I moved out and have been renting it out ever since. I've learned a lot about real estate investing since then and am now questioning whether or not it is worthing keeping.

It appraised at $119,000 and I was able to purchase it for $114,000. I own it free and clear and it's been renting for $975 a month ever since. I do have a property manager that charges me 50% of the tenants' first month rent as well as 10% of monthly rent. When I attempt to calculate my cap rate, I'm coming up with a really low number, and since I tend to be overly conservative with my projections, I'm wondering what other landlords think of this property. 

Thanks in advance for thoughts and opinions! I'm open to any and all feedback.

P.S. The address of the property in question is 3070 S Overhill Ct, Springfield, MO 65807