Looking for some input on my first buy and hold deal (Two Triplexes)

[Chad Huffer]

Considering these two triplexes as my first buy and holds.  The vacancy rate in the area is pretty low although for calculations I used 8%.

I've added links to the pdf docs of the rental analysis.  If you would like to know more info just let me know.

Relevant info:

• Purchase price used is the ask price. (Plan to try and get that down a bit)
• I Used 10% as both the repair and capex rates.
• I believe the rental rates are currently about $100 below market.
• Roof on one property 1 is 22 yrs old (although still in good condition)
• Roof on one property 2 is 22 yrs old (although still in good condition)
• Estimated cost to replace roof is about $19,000.00 per property (2826 sqft each)

Link to Property 1

Link to Property 2

Thanks for any feedback.