first door good deal?

[Andrew May]

we are looking at a $100,000 house updated but still needs about 10-12,000 worth of work but most of that goes into the water heater and new furnace that needs to be installed. Rest of the fixes are going to be cosmetic like and paint and stuff. So if we pay full price and put the work into it i would get about a 10% ROI, this will be a rental property and we will be holding on to it for a while so not looking to BRRR right away but maybe in future is there anything else im missing in my numbers i going to be charging around 950-1000 dollars a moth for rent.

my income is 950

total expenses- 750

cash flow is- 200

total investment is 24000/ total ann cash flow of 2400

which is where i get my 10% cash on cash ROI

is this good for first door?

Did i miss anything?

would love your guys input on the deal.