Did I Analyze this Property Correctly?

[David Ross II]

Hello, my name is David and I am new to Real Estate Investing. I've watched many of Brandon Turner's videos and I am very inspired. I am 18 years old and currently live in Vermont but I want to start investing in property in about a year. I am trying to analyze the market and see which state has the best opportunity for me at such a young age. Whichever state that is I will move there but Vermont isn't it!

 I was wondering if I properly analyzed this property listing. If I did, this looks like a steal. This property is located in Aiken, SC and is a 4 unit multifamily home (2 bed, 2 bath). The current owner is renting out each unit for $425 but I believe with $10,000 in repairs I could easily rent each unit for $500. Is this reasonable? From the Rental Property Calculator I am getting about 27.66% Cash-on-Cash ROI, which is above average. The listing didn't show the tax information from 2016 so I assumed around $2,000.

I hope someone can analyze this property and see if they too are getting the same results. If not, would you potentially be able to point out my error?

Thanks to everyone!