First Duplex - Offer Made. Would like your thoughts

[Marcus Narvaez]

Duplex offered 170k, rent should be for $1800/mo with tenants paying all utilities except garbage. This is our first purchase, and my analysis is based on what both sides could rent for today, but we currently plan on living in half of the duplex for several years and house hacking. The property is in a B to B+ neighborhood. 3b 1.5 bath identical sides with a family room and storage room in downstairs finished basement. There's very little work needed, mostly minor cosmetic and a new washer/dryer for the unit we'll live in.

The property is unlisted, but the sellers are actively working with the same realtor that we are. We have an offer in at 170k on their asking price of 173,900 prior to the listing going public. If it goes public I'd expect it goes under contract within 2 weeks.

Here's a link to my analysis on the BP rental property calculator.

https://www.biggerpockets.com/calculators/shared/646981/44371354-630b-4971-a478-32e910ecd23f

Also, I'd personally like to see a bit more cash flow on normal deals, as if I threw in a property manager, cash flow will drop to around $250. Since we are househacking and plan to live here for a decent period of time, I'm ok with sacrificing a bit on the numbers for quality of life.