Need help to evaluate a deal

[Prabhat M.]

Below are the details of a deal I am working on.

Its a multi unit complex in Austin, TX.

I have some buffer build in the maintenance costs however, cash on cash return on this deal currently stands at around ~7%. Do you think its worth pursuing the deal. 

What can I flex in the below numbers (purchase price/capex, etc) that might make it lucrative deal. Any help would be highly appreciated. 

Property Price	1,740,000
Property Taxes (%)	1.55%
Property Taxes($)	26,970
Other Closing Costs (%)	1%
Other Closing Costs ($)	12,180
Total Property Value	1,752,180
Expected Monthly Rent	13,532
Occupancy rate	93%
Annual Rent	162,388
Annual Rate (adj. Occupancy)	151,021
Annual Gross Rental Yield	8.7%

Net Operating Income
Mortgage Interest	58,706
Insurance	7,000
Property Taxes	26,970
HOA	-
Capex	6,960
Maintenance Costs	17,400
Property Mgmt Fees	10,080
NOI	23,904.3
NOI/Month	1,992.02
Net Rental Yield/Cap Rate	1.4%
Cap Rate ( Excludes Interest)	4.7%
PE Ratio	73.30
Cash on Cash	6.9%

Thanks

Prabhat