Is this a deal?

[Greg Garcia]

Guys I am pretty new to real estate and trying to get my first deal. I have a couple who has a duplex or 1 unit in a duplex that they want to sell. It already has a renter who has been renting with them for two years. The numbers look something like this:

Retail Estimate - 98-100K acording to zillow and city-data.
They owe - 85K
I contract it for - 85K
Then flip for - 92K or around that number.

It needs NO repairs, is in a nice neighborhood and already has a good renter for 865 per month.

My question is based on that information do you think it is a "good" deal from an investor or landlord standpoint?
Also, would closing eat up the profit or is it typical for the end buyer to cover the closing?

Thanks for the advice. I love this forum!