First Time Investor (Property Analysis)

[Troy Studer]

Hello,

I am a first-time investor looking to buy a local Duplex.

The home is posted at a listing price of 134,000. As is, the home can rent conservatively for $900 per unit. The property requires no major CapEx in the short term. The home could use some minor cosmetic updates, which would likely fetch a higher rent price. Given the numbers on the spreadsheet attached below. Does anyone have a suggestion on what sort of cash flow or ROI to make my first and final offers based on?

I know this likely has everything to do with local market and what other deals are available to me. I also can apply a lot of the generic rules of thumb like the 20% Rule, 50% Rule, 2% Rule. I'm looking for further insight from some experienced investors. I am attempting to be as objective about this investment as possible.

Any and all input is much appreciated!

-Sincerely Troy