First investment home- how does this deal look?

[Ozzie Konar]

Hi; 

I just bought a 2 family home with the following numbers;  

Purchase price $70,000

Down payment 25% 

Total cash paid: $26,000

2 family home, both occupied. 

Rent collected : $1575

Total expenses (mortgage, utilities, taxes, vacancy, and repairs at 10%) : $810. 

I will manage the property myself

Net cashflow: $768

Cash on cash return: 35%

Do you think this was a good deal, being that I am new to real estate investing?

Thanks.