Pittsburgh Duplex (help me analyze)
Purchase price: $39,000
Closing and down payment: $13,200
renovation cost: $30,000
Total investment: $43,200
after renovation value: $95,000
Income: $1,500
Mortgage, ins, tax: $257
manager: $135
vacancy: 105
capex: 105
utilities are separate
Cash flow: $898
ROI: 25%
cash out equity available: $37,404