Buy this 100$ seller finance or NOT?

[Lior Reich]

Hello to all,

looking for a YES / No straight answer for this property:

Area - Rochester NY

SFR - 3/2 1200 Sqf

Rent 825$ - 410$ section 8 and 415$ cash from tenants (tenants have been at the property for 2 years)

Purchase Price - 45000$

Fair Market Value cash price 35000$

100% finance terms:

no prepayment

5 years interest only at  7% - 270$ a month

15 years principal + interest at 7% - 420$

property real estate taxes- 2000$ a year

Insurance - 700$

Management - 10%

what do you think?