First rental property deal- yes or no

[Mansi Mehta]

Duplex condo in Jersey for 186000, property tax 264$, insurance 71$, HOA 120$, property management fee 180$, loan payment 739$, rent is 2000$

Cash flow 635$ per month.

Cash on cash roi is 11.3%.

Question is- 1) is it a good deal?

2) can the initial repairs to make it rentable be tax deductible over a period of 2-3 years that the property is rented out?

Thank you