South Texas Purchase second pair of eyes

[Xavier Garcia]

Hello everyone.  I'm looking into purchasing my first investment property in south Texas and came across one that I'd like a second pair of eyes on.  If anyone is able, I'm looking to see if I'm missing anything in the numbers.  I understand there may be some expenses required to make the property a bit less of an eye sore based on the pictures.  Anyway, thanks in advance for anyone able to take a look.

Address: 715 E Jackson St, Brownsville, TX, 78520

Asking: $95,000 | Current rent: $1,660 | Est. Mortgage (based on a $10,000 down payment): $577

The following rents apply:

1/1 for $375 | 1/1 for $500 | 2/1 for $485 | Efficiency: $300 = $1,660

According to the post, the owner pays some utilities:

Gas: $43 | Electricity: $160 | Water/sewer: $103 = $306

Cashflow: 

($1,660 (Rent income))-($577  (Est Mortgage))-($306  (Utilities))-($132  (Property management assuming 8%))= $645

COCROI: ($645x12)/($10,000(down payment)) = 77%