Would like help analyzing a quadruplex with 22% ROI?!

[Marc Ferguson]

Hi, I would like some help in analyzing this quadruplex. I found this spreadsheet from Bigger Pockets and I made some adjustments. It now has two worksheets: first one is a dashboard and the second one is the raw numbers.

The property cost $485,000 with renting each unit for $1,594. The ROI in the first year is 22%. That just sounds too high. Thank you for any feedback. The spreadsheet does have comments enabled.

https://docs.google.com/spread...