Deal analysis on my first offer

[Patrick Thompson]

Price: $127,500, no closing costs

Down payment: $25,500 (20%) at 4.25% for 30 years

Rent: $1200 with Tenant's already in place

Property taxes: $125/mo

Insurance: $100/mo

What other expenses am I missing?  I am running Cap Ex at 5%, and Maintenance at $75/mo

House doesn't need anything major currently, but the plan is to renovate in 2 years, and then Refi.

Thanks!