Owner Financing, Is it a good deal?

[Will Jimenez]

I have an opportunity for with the property below. Let me know what you guys think. 

2bd, 2bath, 1 car garage which can rent for approximately $1100-$1200

 The property also has an attached 1 bedroom, 1 bath, kitchen currently renting for $825. 

ARV- $188, the property owner owes $186K and pays $1088 a month for the mortgage.

The property owner is open to a $5K to 10K down payment and a monthly payment of the $1088. 

If I can bring in $1925 minus the $1088= $837