First deal under contract

[Toi Perry]

Please help me analyze my first deal which I am currently under contract for and will have an inspection on tomorrow. I am having trouble finding comps since there are not many triplexes sold near this area. I was unable to see the property until I put it under contract. During my first walk-through, I realized that it may need a new roof (judging from my untrained eye.) My plan is to lower my offer based on inspection. I will also live in one unit for at least a year while doing any necessary cosmetic work to raise rents to market rates. My boyfriend & I will also pay myself rent to add to savings for reserves. My goal is to at least lower my current living expenses ($800/mo) until I move out and start cash flowing.

Offer Price: 185,000

FHA 30yr loan amount: $181, 649

Interest rate: 5.125%All units 2bd/1b w/ 1 car garage 

Current Monthly rent:

Unit A : I will live in. Currently rents at $725

Unit B: $685; lease expires April 2019

Unit C: $625; lease expires April 2019

Opportunity to increase rents after April (Avg rent in area $750 for 2bdrm.)

Taxes: $222

Mortgage Insurance: $126

P&I: $989.06

Closing costs: $9,568

Potential Operating Income: $27,000

Operating Expenses

Property Mgmt (10%) - (2700)

Water (currently paid by landlord -only one meter) - ($1839)

Vacancy (8%) - ($2,160)

Maintenance (10%) - ($2700)

CapEx (10%) - ($2700)

https://www.trulia.com/p/ga/conyers/1724-wesley-wa...

Any input/advice would be greatly appreciated.