First duplex in Des Moines Iowa

[Garrett Penfield]

Hi all, I'm looking at buying my first rental property through home hacking. I currently own an acerage about 12 miles out of the city, with about 100K in equity I will be selling. Here is the property:  https://www.realtor.com/realestateandhomes-detail/545-6th-St_West-Des-Moines_IA_50265_M86748-68205 it's in a nice neighborhood with a school nearby. Purchase price is $161,000, I have looked at the property and it is in good shape but will need some updating. The top half has a tenant at $750 a month, the bottom half will probably bring $800 to $850 when I move out. I will be putting 20% down which will mean I will pay about $150 a month for the mortgage. What do you think?