What do you all think of this Seller Financing Offer ?

[Joshua White]

Hello Everyone,

I am in the proces of formulating an offer that involves seller financing. Ive included the numbers of the deal. Have I missed anything ? Seem like a good deal ?

The home is listed at $69,900. A duplex (2BR, 1BTH & 3BR, 1BTH) in a C/C- neighborhood

My offer is as follows with numbers listed below:

Purchase Price: $62,000.00

Amortized Over: 30 Years

Loan Interest Rate: 5%

7 Year Balloon Pmnt

Monthly Income: $1,913.00

Vacancy: 7% - 133.91

Cap Ex: 5% - 95.65

Insurance: $150.00/Mnth

Repairs: $95.65

Electricity: $50.00

Prop Tax: $390.25/Mnth

Prop Management: 114.78

Monthly Cash Flow: $561.20

Please let me know if I've left anything out. I really think this may be the deal for me. I'll definitely need you guy's expertise to guide me through. 

Thanks in advance!

Josh