I misread the appraisal. Still do the deal?

[Derek Stellwagen]

I'm under contract for a duplex in Anderson SC. Each side rents for $1,100 and the original contract was for $208k. Then the appraisal came back with two values. One was the "cost approach (if developed)" for $205,418 and the other was the "Sales comparison approach" for $196,000which the appraiser says in the report is the most reliable. I didn't see the two values in the appraisal and asked the sellers to come down to $205,418 which they did. Bank wrote the loan for 75% of $196k. Now the sellers agree to $203k and seem eager to close. My numbers worked at $208k which is better than a 1% deal. Hi have enough cash to cover the additional down payment but don't want to overpay. I'm thinking that if it meets my criteria and cash flows then go ahead. Does anyone have any advice? Ps-all the comps used for the appraisal are in the $140k-$155k range and quite different.