BMW M240I lease deal check

,

Never leased a car. I am aware that the m240i doesn’t lease well but given the current market, is this an ok deal?

Thanks!

Msrp: 59k

Initial cap cost : 54.6k( 4500 reduction)

Downpayment : 5000

Security deposit: 5600

Money factor: 0.00148 (after msd)

Residual: 53% , 31270

Base monthly amount: 708

Monthly payment w/tax: 764

Lease term: 36 months, 12000 miles