Gurus, help estimating this deal

[Roy Gutierrez]

Hi guys,

A friend just came to me with this duplex property, he knows the landlord and just gave me the heads up, don't have to much info yet but if it makes sense want to move quickly.

Duplex in a decent area, not hard to find renters. Don't know the condition of the units yet, they're occupied. Lanlord pays water and tenants electric and gas. Not sure yet what type of AC/Furnace or electrical they have.

Details:

Price: 100K

Rent total for both units/month: $1,625

Taxes: 2,000

Insurance: $1000 (my estimate, don't know how much yet)

This is my first foray into multi-units, what else should I be asking? I'm in the process of another deal for a house that I plan to move into, if this property is a very good deal I can either convince family to buy with me or I might just drop the house I'm planning on buying and buy this one, an outside chance could be a partnership. It's a short-sale by the way, so could be an adventure, anything else that I could offer the seller as an alternative? Excuse my ignorance!

Thank you very much in advance!