[Calc Review] Help me analyze this deal

[Brady Pasemann]

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*This link comes directly from our calculators, based on information input by the member who posted.

Hello,

I am a newbie and finding it hard to get good deals in San Marcos,TX.  I found this duplex, which seem like a decent deal on the surface, but how can I turn it into a great deal.  Asking price is 189,900 (I put 179,900) in the calculator.  The current rents are $1395 ($570 2 BR, $825 3BR).  These are leased until May & August of 2019.  I put $1700 in the calculator as an increase.  Currently with the 179K price and 1700 future rents, it still shows a negative cash flow.  Is there any way to make this a deal I could buy?  I could offer lower, but not sure how much lower would be viable.  The rents could maybe go a little higher, but the place needs some work.  Any help would be appreciated.  I plan to go look at it in 2 days (Sunday).

thank you

brady