Thoughts on this property?

[Andrew Dillard]

Hey all.  I am thinking about buying my first property and I wanted to know what you all think.  I am going at this solo, without a mentor or partner, so I wanted to get some unbiased opinions.

Property type: 2 unit duplex

List Price = $87,000 

Downpayment = $4,000

Repairs = N/A

Rent per unit = $650

Monthly Income = $1,300

Monthly expenses = $250

Estimated Mortgage cost = $400

Monthly costs with mortgage = $650

Yearly Cashflow = $9,175

CoC Return = 229.39%

Building is in good shape, newer roof, new HVAC on one side.  Could use some updating but it's not a deal breaker for rent yet.

Anything I am missing or not thinking about? What are you thoughts? The property is in an OK area. Fairly secluded but definitely a more economically impoverished area. It hasn't been listed long on the MLS so it could move quickly.