ideal cashflow=$-24/month assuming no vacancy.
20% downpayment.
Monthly mortgage (4.5% fixed)=$523/month
HOA=$354/month
tax=$3753/12=$313/month
rental income=1300/month
PM fee=1300*0.08=$104
Insurance=$30/month
ideal cashflow=1300-(523+354+313+104+30)=$-24/month