Deal or no deal

[Amine E.]

Side by side duplex. Last sold in 04 for 175K. reasonable rent for each side is $825. Here are the numbers:

• 20K in repairs
• Taxes are $2400
• INS is $2000
• Separate utilities except for water and trash: ~$100/month
• Will manage myself.
• Finance is 20% down at 4.75%, 15 years.

Thinking to submit an offer for 85K. What do you guys think??