Sound like a deal?

1st morgtage 672.37
Heloc 150.00
home owners 50.00
operating expenses 540.00

Rent 1800.00

Rehab carpet, interior paint, major cleaning.

5/3.5/2 what is owed 154,000

I can assume the loan with no closing or loan fees.

I do have to pay the taxes at the end of the year 5000.00

HCAD has it at 217,000

Should I rent or move in?