Hi all, I'm working on my first deal on a duplex in Kansas City, KS. Looking for advice on if this is a good deal. Asking price- $86,500Rents- $1325 for both (675 and 650 each side)Taxes- $121 a monthProperty manageme...

I am finalizing the analysis.

I've used the rental property analysis tool quite a bit.  

@Dan Gongora I am sure different people on BP have different philosophies on all of this but when you are talking about an o/o residential two unit, you can work the numbers all you want on income analysis to determine your purchase price.

Either way, both of these items need to be accounted for in your property analysis.  10% is a good starting point for both, although negotiable (PM) and variable (CAPEX, but over time it will likely fall right around this number).  

So I'm very new to this and I'm just practicing analysis on some multi-family properties I come across with no intention to buy...yet ;).

There are also several other sections of the municipal code that seem relevant to your analysis.

I won't comment about the deal until you re-post your analysis. 

I just finished re-running a third round of analysis, because I was missing a portion of the financing costs.

At that point they can point out all your options and you can make an informed decision based on their expect analysis.