What would you do?

[Simo Hak]

Hi Guys,

So I have an accepted offer on a duplex for $107k  - each unit is 800 SqFeet in an upcoming/desirable area. One unit is rented for $624 and the other one is vacant and needs some touch ups. 

Seller agreed to deep clean, paint, change carpet and put new vinyl. He also agreed to do some repairs.

Here are the financials

Price : 107k

Financing:  20% down at 3.6% rate

Mortgage payment: $525

Home insurance: $80 per month 

Property Tax: $1800 annual 

i am planning to rent the other unit for same amount so my monthly total is $1250

What do you guys think?