Please help me analyze this deal

[Nick Ruffini]

Hey all, I'm looking at a duplex and I'm crunching the numbers. They look decent (COC return is lower than I'd like) but would love any feedback.

Thanks for taking a look!

Rental income: $1600

Expenses:

Taxes: 319.41
Ins: 79.16
Water/Sewage:
Garbage: 
Electric:
Gas:
HOA fees:
Lawn/Snow:
Vacancy: 100
Repairs: 150
CapEx: 100
Prop Mgmt: 160
Mortgage: 536

Total Expenses: $1,444.57
Rental income: $1.600**
Difference: +$155.43 (Monthly Cashflow**)

Down Payment: $29,000 (20%)
Closing Costs: $5,000
Rehab: $5,000
Total Investment: $39,000

Cash on Cash return: 4.78%**

**Note: Current market rates look like I could charge another $75-$100/mo for each unit, raising my cash flow and creating a COC return of 9.39%-10.93% respectively

[Nick Ruffini]

@Allicyn Aubut The goal for me on this property is to get in the game instead of standing on the sidelines. There’s an opportunity to value add a little and raise Rents but I’m just looking for something to hold that positively cash flows. Thoughts?