Upstate NY Rental deal analysis

[Eric Tsang]

Good Morning BP!

I came across this deal in the Upstate NY area and came up with these numbers, am I calculating and including all the expenses? House is a duplex and is in excellent condition-

Estimated purchase cost - 75,000

Rent 1,6000/M

Monthly Property Tax - 225

Monthly Vacancy (10%) - 160

Monthly Cap Ex (8%) - 128

Monthly Repairs (5%) - 80

Monthly Management (10%) - 160

Monthly insurance - 80

Monthly Water - 54

Monthly Lawn / Snow - 92

Total Expenses - 979

Net Income - 622

Mortgage and Interest per Month - 282.14

Total Annual Cash Flow - 339.86

With Cash on Cash ROI - 21.32%

CAP rate - 9.95%

Am I missing anything?