Help with an Analysis

[Tanner Kenneth Jenkins]

Hey guys I'm a new investor and am practicing doing analysis on properties. I would love your thoughts on this one. 

https://www.realtor.com/reales... 

The property is listed for $320,000 but I hope to get it for 70% of that price($224,000). Rent is currently low and after doing some remodeling I hope to get it to $1,100 for unit 1 and 1,000 for unit 2.

These are my numbers below. I would love any and all feed back/advice you have. 

Duplex-Asking price 320,000

70%-$224,000(what I will try to get it for)

Down Payment-$48,000

Closing Costs(5%)- $9,600

Repair Costs- $20,000

Unit 1- 3 bedroom, 1 bath

Rent- $805

Future Rent-$1,100

Unit 2- 2 bedroom, 1 bath

Rent- $-675

Future Rent-$1,000

Operating Cost

Vacancy-(5%)- $105

Repairs(5%)-105

CapEx(5%)-$105

Utilities-Tenant pays-$0

Home Insurance-47$

Property Tax- $136

Mortgage Payment- $866/per month

Property Management(11%)-$231

Total=$1,595

Eventual Rent=$2,100

$2,100-$1,595=$505 Cash Flow

$505x12 months=$6,060 Yearly Cash Flow

$6,600/60,000 Investment=10% ROI