Would you make this deal?

[Joshua Jonas]

Hi BP,

Seeking some advice and criticism:

I am currently analyzing a triplex in my city for a buy hold rental; which we will most likely live in for the first year or two. We plan to live in and increase the rent of the lowest unit by $50.00; which will fully satisfy the 1% rule. I plugged everything into the rental property calculator and was pretty satisfied with the results. Cash flow comes to $481.69. Would you make this deal; yes or no?  Why?

Purchase price : $225,000.00

Monthly Rent: $2,200.00

Mortgage P&I: $885.49

Taxes: $205.42

Insurance: $183.00

Vacancy: 147.40 (6.7%)

Repairs: $110.00 (5%) *property was renovated 6 years ago.

Cap Ex: $187.00 (8.5%)

Thanks in Advance,

Josh