How Much Needed to Buy 200K Property ALL INl?

[Leonard La Rocca III]

I've been reading books and checking out posts here on Bigger Pockets, but have one question at the back of my mind: how much capital do I need to buy my first deal?

I'm talking all in: Down Payment, Inspection, Closing, Rehab - everything. I'm okay with some assumptions being made in your responses.

Let's assume the property is a duplex and sells for 200,000 in Scranton, PA. I put down 20% (house hack is not an option)
Let's say the property requires a moderate rehab.

Here's my beginner math:
Down Payment: 40,000
Closing: 10,000
Inspection: 1,000
Miscellaneous: 2,000

Rehab: 20,000
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73,000 sound right? Too much? Not enough? Let me know!

[Jay Hinrichs]

add 5 to 10k contingency