Help on my evaluation?

[Craig Mutz]

My wife and I are new to investing and have found what we believe is unique and exciting opportunity in our location in Central Wisconsin. I have run the numbers and would love to get a second opinion from the Bigger Pockets community to get a warm and fuzzy. Thanks in advance for any feedback;

• Description: Two unit side by side duplex
• Purchase Price: $175,000.00
• Down payment: $43,750.00
• Interest Rate: 5.0%
• Term: 30 Years
• Taxes: $3,600.00/Year
• Insurance: $1100.00/Year
• Rental Income: $1700.00/Month
• Utilities/Grounds keeping: Tenant paid
• Vacancy: $408.00/Year
• Maintenance/Misc Savings: $1,000.00/Year

COCROI: 13.42%

Cap Rate: 8.19%