First Time Home Buyer - Looking at a triplex in Wisconsin

[Chad Day]

How does this look for my first buy?  Its a Triplex in a small city in Wisconsin.  Since this is my first, I am not sure if its a good deal or not.  Or perhaps one of my numbers is not correct.  Although, I have rented in this city for many years so I feel like I have a good idea what rent should be.

Purchase	240000
Dwn Pymt %	5%
Dwn Pymt $	12000
Repairs	0
Cash Down	0
Cash to Close	12000
Monthly Rent	2800
Tax Per Year	4750
Prop Tax per month	396
Ins	50
PM	150
Mortgage	1156
HOA	0
Vacancy(10%)	280
Repairs(5%)	140
Total Exp	2172
NOI	1784
Inc - Exp(Cashflow)	628
Annual Cashflow	7536
CAP	8.92
C-on-C	62.8
2% of Purchase Price	4800
Rent % of Purchase Price	1.16