First time investor about to close on duplex deal in DFW area

[Carol Kohn]

Hello,

I am about to close on a deal on a 2005 8br/4ba (4/2 on each side) duplex that I was hoping to get analyzed as this is my very first investor purchase.

Purchase Info
Square Feet (2 Units)	2,492
List Price	$189,900
Purchase Price	$171,750
Initial Cash Invested (down+cc)	$51,340

Income Analysis Monthly Annual
Net Operating Income	$1,171/mo   $14,047/yr
Cash Flow	$527/mo  $6,330/yr

Financial Metrics
Cap Rate (Purchase Price)	8.2%
Cash on Cash Return (Year 1)	12.3%

Does this seem like a decent deal? Option period just expired with the inspection popping one major problem with the HVAC that seller is fixing. Just nervous since this is my first deal and am second guessing the numbers. I am not even sure what questions to ask on here. Thoughts?

Thanks!

CK