Help With Analysis

[David W.]

Hello! 

I am going into escrow with a multi unit, two 2 bed + 1 bath, six 1 bed + 1 bath. located in . It has a rent roll of $16,000 per month. Price is $2,030,000. I am putting 33% down, 6.6% mortgage. Renters are all up to date and no missed or late rents. This offer would not seem attractive to middle America because it is not cash flowing as much but I would say this property will conservatively appreciate 5%+ per year. I own 2 sfr in LA and this will be my first step into multi. What do you guys think?