I am in the process of purchasing my first buy and hold multifamily

[Carlos Velasquez]

I am making sure I do not make a mistake because this is my first buy and hold. It is a 3 family with a seven car garage (which I could eventually turn into an extra apartment) it is currently being sold for 220K and it is producing 3,000 a month. The propeerty it's also located in a nice area. BP community, do you think this is a good deal?