How to Analyze a remote property with no comps and great Cashflow

[Alex Montoya]

I came across a Triplex about an hour from a large and small city. The cash flow from just 2 units currently rented is 300/ month without Property Mgmt. no comps but willing to do a 2 year balloon interest only payments seller Financing reflected in Cash Flow.   House needs inspection but seems like in good condition with semi updated all utilities ( 7-10 yrs). Its in a small town ( 450) population steadily rising ( 25/ year) and house is roughly 80k....



Being there are no comps, how do I know if this is a good deal?