Is this right?
English: This is my bicycle. That is my bicycle, too.

Japanese:
これわたしのじてんしゃです.それわたしもじてんしゃです.

Question

Is this right?
English: This is my bicycle. That is my bicycle, too.

Japanese: 
これわたしのじてんしゃです.それわたしもじてんしゃです.

Answer

This is my bicycle. これは、わたしの じてんしゃ です。
That is my bicycle, too. それ（/あれ）も、わたしの じてんしゃ です。