1st Property - Help Analyze

[Collin Wallace]

Hello, this would be my first rental property ! Is this a good investment for LTR? I plan to manage the property myself since I will be living within 10 minutes of the property. The location is close by a military base so there will always be a need for renters in the area! The home was appraised for $275,000 with the seller covering all closing costs. Total of the loan is $219,500. 

Thanks!

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