First Investment SFH

[Stevie Penn]

Looking at a SFH as first time investment [cash deal]

House is located in excellent area with plenty of jobs and hot market for houses

Overview:

House is super clean and requires no repairs

Cost of house is $180,000    

 Rent                 $1565

Yearly Gross:     $18,780

Yearly net:        $14,280 after taxes, insurance, management, added extra expenses to be safe: $14,280

I am thinking about doing delayed financing with this one to get 75% of cash back and using it towards something else.

Properties in the area have been appreciating ridiculously 
Any input would be nice, im eager to learn