First Out of State Deal!

[Sidro Felix]

Hi Everyone I'd love your input.  I'm excited and nervous.  After looking and looking for something to invest in as a rental that cashflows in Los Angeles at no avail.  I decided to take the jump into out of state investing. I chose Cincinnati.  My criteria was 2 to 4 units c+ or better. Close to turnkey (as my 1st. Investment out of state I didn't want a big remodel project).  Here are the numbers and details:   

Duplex both 2bedroom units purchased @$200k 25% down 4.5% 30yr fixed

 Total initial Investment $59k includes dwn payment loan fees and M&R needed

Total monthly expenses including piti- maintenance- vac ex- cap ex- $1090

Rents are $900 +$950= $1850. Annual cash flow = $9120. SO MY ROI IS 15.5%

Please feel free to tell me if I'm missing or overlooking anything thank you. Im new to Bigger Pockets but I've been listening and reading.  Just quick intro on me I own Two rentals in LA I bought back in 2002 (1 triplex 1 sfh) they've been great to me, but I've been just sitting on the sidelines since. Thanks✊