Help decide on this deal

[Rameez A.]

Hello Fellows,

Can you gurus pitch in on how this deal is and how should i move forward? my strategy is to House hack and rent one unit. I have a full time job so in my analysis i am paying rent to myself. I will self manage the property.

There are 2 units: Unit A (3 bed, 1 full bath, rents for around $2000), Unit B (4 bed, 2 full bath, rents for around $2800). All utilities separate. 

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Purchase Price: $424,900.00

Purchase Closing Costs: $10,000.00

Estimated Repairs: $5,000.00 (cosmetics)

Total Project Cost: $439,900.00

After Repair Value: $424,900.00 (no major work required)

Down Payment: $21,245.00

Loan Amount: $403,655.00

Amortized Over: 30 years

Loan Interest Rate: 4.500%

Monthly P&I: $2,045.26

Total Cash Needed

By Borrower: $36,245.00 

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Monthly Income: $4800.00

Monthly Expenses: $4049.00 ($200 vacancy +$200 repairs & maintenance +$200 capex + PMI $300 + Taxes 1103 + P&I 2045.26)

Monthly Cashflow ~ 750, COC ~ 25%

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Please correct if i made any mistake OR if i am missing something.