For now, it Looks like your roommate/tenant can cover half of your mortgage (plus hoa fees). 

Hi @Shayan Sameer, I'm an investor and licensed mortgage broker.

Net Income post-mortgage: $75K/year.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?

I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.

depends on your credit if you can get a mortgage or your ability to find good deals that you use hard money for and then refinance into DSRC.  

Net post-mortgage: $52,392/year.

Even in the US when you have a mortgage, you should have a profitable investment if it satisfies the 1% rule.The 1% rule is generally applied to long-term rentals.

Shop LTV (or cLTV which is combined Loan To Value, basically your first mortgage and 2nd mortgage combined loan to value), rates, payment terms, time to close,  and draw period (how long you can go into and out of your heloc). 

The Mortgage is paid off.