first investment

[Allen Yi]

hello bigger pocket!

I am planning on making my first purchase on an investment property.  Right now I am located in socal and I am planning on buying a DUPLEX property out in fort worth.  Here is the breakdown:

Built: 2006

Renovated: 2014

sq feet: 1960

Listing price is $125,000

Down payment of 25%:  $31,500

Interest rate:  4.5%

property tax: 2%

Rent: 695 and 695= 1390 per month

Mortgage- $367 a month

Do you think it'll be a great investment?  I would appreciate the feed back! Thank