Hamilton - Strathcona duplex rental good deal?

[Vivian Liu]

Hi, i am a new investor trying to get into duplex rentals and I came across these 2 listings in Hamilton

https://www.realtor.ca/real-es...

https://www.realtor.ca/real-es...

I ran the numbers and they look workable, am I missing something

Below uses 2nd listing for analysis:
I put 20% down with 2% interest/30 yr, and 20k closing cost, total capital outlay = $150k

for income:

3 bedroom at 2000, 2 bdrm at 1500, 5% vacancy

operating expense:

Insurance 800

Repair and maintenance 4000

property tax 4000

collectively, this gives starting Cash ROI of 5%

is the area bad? What am I missing..?

thanks!