[Calc Review] Help me analyze this deal

[Vinc Monagan]

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This deal is located in Petersburg, VA, its a 2 bd, 1 bath duplex at 1728 sqft and is move in ready. The owner is asking for 189K which doesn't support the comps however, I negotiated a price of 175K which still doesn't support the comps.  I could get the rents at $900 per month but with a HML as my funding source for 12 months interest only.  My concern is the refi process to get the HML contract completed. I don't think the price will apprise at 175K or more based on the comps.  I'm looking for my first buy and hold multifamily deal.

Deal or No Deal

Thanks