First deal in Allentown PA

[Shlomi Mor]

Hi All 

I have a deal im working on right now in Allentown Pa 

I have a 3 unit property for 50K which im financing with 25% down payment 

Renovations and repairs is estimated in about 15K 

There is one studio that can rent for 600$ 

1bd for 750

3 bf for 950 

Does it sounds like a good deal ? Is anyone investing in that area?