[Calc Review] Help me analyze this deal

[Arun G.]

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Hi All, 

Looking for some help in analyzing this deal.  Asking price is $69,900 but per my analysis I would need to negotiate down to $60,000 for it to be right.  Applying for a conventional loan and lender is telling me that it will be 25% down, fixed rate, and 30 year.  The interest rate is 5.25%.  The listing says that both units of the property are already rented.  Is this an advantage or a disadvantage? The property was built in 1904 so please also check my numbers for repairs.  

Thanks,

Arun