Duplex Purchase

[David Lawrence]

Hi,

I'm fairly new to this and have decided to buy my 2nd rental property a Duplex for $70k in upstate SC.

I am paying cash that i made on a prior flip, income is around $1150 per month, the property needs about $10-12k in repairs, taxes are around $2k per year, management fees @ 10%

Its a brick duplex 3/1.5 on one side and 2/1 on the other in a class B area..

Does this sound like a worthy deal??

Please help reassure me.  Cheers!