Newbie buying a duplex - good deal?

[Paul Nagy]

Hello everyone! I'm a newbie to multi-family, I currently own 4 single family homes but this will be a new venture for me. I'm looking to buy a duplex in Lawrence KS and wanted to run it but all those with experience to see if on the surface it looks like a good deal. Here's the details:

Purchase price - $125,000

Down payment - 20% = $25,000

Principal & Interest - $470

Taxes & Insurance - $130

Total monthly payment - $600

Each unit is currently rented at $625 per month. Each unit is 2bd, 1bth with a 1 car garage. Duplex is in good overall condition and does not currently need any work.

Thanks in advance for everyone's help!
Paul~