Is this property worth it?

[Helme M.]

I live in Portland and the market is very competitive now. I am looking for a duplex and I saw this duplex in Gresham, a city near Portland(about 25 minutes) It has new roof, new sides, almost 20k worth of work. It has a tenant on the other side already and the other unit is ready to be moved in.

Asking price is 375. I am looking for long term investment. My numbers are negative the first 3 to 4 years but then I start getting good cash flow. What do you guys think? It is an FHA with 3.5% down only, maybe that is why of my negative numbers? My agent tells me to think long term.

https://www.biggerpockets.com/calculators/shared/545686/5e8f750a-f3c0-43f8-8fce-6316474e20f8