Is this good deal Duplex 2/1
All looking at a Duplex build in 1995.. new roof...here are the numbers
Price $61,000.00
Loan 5%
30 yr
Monthly income $985
Repairs $4000.00
CoC 15.97%
NOI $6,370.40
Purchase Cap rate 10.44%
Vacancy $78.80
Capex $49.50
Management $98.50
Taxes $108.33
Ins. $70.00
Repairs $49.25
P&I $261.97
Any comments would be greatly welcome