Feedback on deal analysis for property in Indianapolis

[Kenneth Dai]

How does this look for a turnkey property in Indianapolis?

Duplex, 3 br, 1 bath per side

purchase price $69,000, all rehab done, renter in place

each side rents for $650

I estimated $764 per month in expenses (10% each for maintenance, cap ex, vacancy, property management).

If I'm able to get a loan and take advantage of leverage, seems like the property would return 20% cash-on-cash. Or, if loans of $55,000 aren't possible, then paying all cash is ROI of 9%.

Seems really great to me... am I being realistic?