1st time buy and hold, looking for help with the numbers.

[Chance Dean]

I have been looking for a duplex with a commercial space on the 1st floor to rent out to a business that I have stake in. The property I am considering is in West Philly, asking price $94,500. Rents are $725 upstairs, $675 downstairs, annual gross $16,800. There is seller financing available 3% down, 6.5% APR, balloon in 24 months. I also can refinance with a PML at 4% APR available within the 24 months, but not available for the next 3 months so would need to start with seller financing.

Taxes - $982.38/yr

Insurance - $1266.84/yr

Heat is electric. garbage included in taxes, H2O and sewer are separate for each unit (so could that be paid by tenant?) Trying to guess conservatively here with #'s.

Factoring 10% vacancy from gross $1680/yr and then 10% Maintenance/CapEx from effective gross $1512/yr

I'm getting Annual Operating expenses = $7,896 and Annual debt service = $6,952.68

Leaving a monthly cash flow of $162.61 and 68.83% croi off of seller financing loan.

I like these numbers but I'm a newbie so don't know if I'm leaving something out that might be obvious? Also, purchasing from a HML who repossessed the property, did some cosmetic rehab, but does't have prior maintenance records. I think I should have a property inspector in there. Looking for help on next steps. Thanks!