Duplex Analysis: Any advice?

[Chad Duncan]

Sale price: $225,000 

NOI: $14,400-$18,000

Possible Rents: $1900-$2200/month (total for both)

Rehab Costs: $15,000 (this would get the $2200/month rents I believe)

Estimated Expenses: $700/month (includes cap ex, vacancy, taxes, insurance, utilities...)

Estimated Mortgage: $1100/month

I am wondering if this could be a good deal, and if it could, what price I could buy it at. I came to the conclusion that @ $219,000 with closing costs assumed by seller, that this could be a good deal. Let me know your thoughts! If you need anymore info, please let me know.

Thanks