My soon to be First close - what you think

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hi all

I think I have found a good prperty investment and would like to know your opinion.

listed at 310000
taxes for 06: 3300
my loan: 80/20 6.9%/9.9% (eliminates PMI)

what other numbers are necessary are a determining factor for purchasing?

this is a 2 family house with big rooms, the only downside that the house is 77 years old, and the rooms are basically next to each other (to get to the 2nd bedroom you need to walkinto the first bedroom) but it was kept up well, cosmetically. 2 heating systems are installed, new roof, comps are great, highly traffic area

owner did a lot of renovating, by creating rooms and expanding and cleaning the attic

backyard, but never used or maitanined - attic was turned into a 2 bedroom - which I might be able to include with the upstairs unit if prefreabble.

what other things do you need to determine if this is a great deal or not?