Deal Analysis Help for Newbie in North Carolina

[Brett Banford]

So I am a newbie looking to invest in my first MF and came upon this listing in Fayetteville NC

www.loopnet.com/Listing/19815280/210-Lieber-Street...

I have done my analysis on the property and feel that it has a pretty good cash ROI if I can get it at the asking price of 125,000. However I am worried that crime in the area is a little high. It seems like a great opportunity without very much rehab needed. Here are some of the number I used for the analysis and the a quick summary.

Asking: $155,000

Offer: $125,000

Rental income: $2250 a month for 7 units

20%DP at 5.25% for 12 years

Closing Cost $2500

Vacancy/Eviction: 10%

Property Management: 10%

Insurance: $150 a month 

Capital Expenditures: $100 a month

Annual Taxes: $1200

Anything else I am missing or need to consider? What else would you look into before making this decision. Like I said it seems that the crime is a little high in the area with low rents, but it does seem like it has been renovated. Any thoughts or experiences would be great!