Double check my analysis of this deal

[Brian Baumann]

What do you think of this property for my first deal. SF 5 bed 2 bath currently rents for $1675 and leased through July 2021. It wouldn’t need much done probably just some light cosmetic work. I plan on putting 20% down.

Purchase $165,000

Rent $1675

Taxes $1400

Estimated insurance $1,000

Property management in this area is 8% plus one months rent for tenant placement.