Can someone knowledgeable check my math?

[Nathan Hall]

Here's the scenario, recently I:

Sold my VA loan foreclosure first home purchase that I was into at $226k for $325k (lived there 8 years) at the end of February. With those proceeds ($75k after fees, no capital gains for residency) I have:

- Paid off $25k in credit cards, now my only "revolving debt" are balances I'm paying each month.

We

- Installed a radon system for our new home (~$6k; historic property, have a toddler and don't want to risk anything for his health, you folks with kids know what I mean)

- down payment (25%) and finance fees totaling $38k for a triplex that will net $1000 a month, not accounting for anything other than PITI. Loan amount is $100k @5.5%.

- my only recurring debt at this point, not counting my mortgage, is my car, @ 614 per month. I commute 120 miles a day and this car reduces my energy fee per day from on average $12.83 to $4.33, all tolls being equal. My previous car payment (traded in the month it was paid off) was $666.67.

Thoughts? The triplex is currently tenanted on month to month and pays on time but I'm not in love with the way it's been handled so far.