Rental investments in Maricopa City

[Sachin H.]

Hello Guys

I'm new to this site and although I already own a property in CA where I currently live, but I'm first time investor and looking to buy a property in Maricopa AZ.  The property I'm looking for is around 150k and potential rent in that area is around 1000$ ( the agent and Zillow says 1200). The first year cash flow is looking neck to neck (roughly +70$).

Is this a good investment or am I too late to Maricopa game.? 

PS. I'm not a cash investor and I'm looking to put 20% down

Looking forward to hearing from you guys.

Thanks in advance.