As for your numbers, your vacancy rate is low, I always budget 8.3%. 

My previous PMs never had a vacancy! 

Here is the short story (The long one can be found below in the link to the complete deal analysis).Property Price : 93K Monthly costs are around 550$ (30 year mortgage+ Tax+Insurance) Estimated Rent : 1050 Down Payment: 20% (18,600+ Closing costs , minus 1500 seller contribution)Complete report can be found below , added fixes and vacancy costs to the report. https://www.biggerpockets.com/buy_and_hold_results...As a buy and hold investor , would you go for this deal ?

(I have included some costs for cap ex & vacancy and still have the monthly profit for cash coming in at around $450).I appreciate any feedback or recommendations for the first property.Thanks

Not today, but eventually you will have a vacancy and turnover cost.

Make sure to take into account maintenance, capex, vacancy, and management costs in addition to the taxes and insurance when figuring out expenses.

i get away using a 3% vacancy rate.  

Whereas, with more maintenance, more vacancy, and more monthly headaches, the properties I've been focusing on in Milwaukee are 2% (used to look at 3% properties but have decided it's not worth the hassle for now). 

This puts me on track to have the equivalent of six single-family homes in two years and I could easily exceed that since this year is just starting.As I acquire properties, the cash flow will go to reserves for major improvements, emergencies, vacancies, etc.

My strategy is to house hack and if I could pay about $400 less in rent and all other expenses (with cap ex, vacancy and repairs included) then I consider it a good deal.