Possible First Deal

[Nick Johnson]

I just wanted to post some information here in hopes that those with more experience will help guide me in the right direction.

This is for a multi-unit property in Rochester, NY. I live in CA.

The property grosses $2855 a month in rents.

The P and I would be approx. $875
State and county taxes + water $695 /mo

I am guessing the only thing that could knock this deal off would be the condition of the property? Or am I missing some other real big info?

Thanks so much for taking the time to help a RE Rookie!

PS. The property is a 6 unit with an asking price of $85,000.