Sorry to say it but you have 200 hrs for God's sake! I wouldn't employ you as an instructor without gaining yourself some 'real life' experience. Go find a non equity group, build some time.
I've considered instructing, but living in the UK, with almost no sunshine, building hours was more like a utopia rather than a real possibility (also I wouldn't have been able to survive with instructor's wages during winter, during which times you usually seat in the club house looking at the cloud base touching the wind sock!
Many others including myself have done just that and survived. We've since moved on to turboprops and jets without paying for it. don't tar yourself with the P2F/pay to play brush. B1900 for goodness sake...