Is a $200,000 duplex worth it for my first investment?

[Tarik Hodzic]

Hello all, I have been lurking for a couple of weeks and finally posting for the first time. I am looking at getting a 200k duplex in a good neighborhood and wondering if it's a good first investment. One is a 2br and the other unit is a 1br. Combined they could rent for 2k. A lot of people live by the 2% rule here but I'm having a very very hard time finding a property that could rent for that much. I would be putting 25% down and my mortgage would be around 1000 per month. I could also use an FHA loan and love in half of it but my monthly payment would be 1400

[Dennis M.]

@Tarik Hodzic

Deal sucks . Don’t do it