Is this a good investment deal?

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Hello BP

Heres what Im looking to move on quickly just trying to determine my offer.

Asking 249k 5 unit multi family unit

(3) 2 bedroom 1 bath rents for $700 each ($2,100)

maximum rent if renovated up to $850 each ($2,550)

(2) 3 bedroom 1 bath rents for $900 each ($1,800)

maximum rent if renovated $1,050 each ($2,100)

Needs 20k in renovations but not necessary at current time. Fully rented currently for $3,900 with operating expenses at $1,250 a month. This has not been yet provided bye the owner but based on the market rental rates in the area it is very close to accurate besides operating expenses. I punched in the numbers based on 50% rule and still seems good.

30yr fix at 4.75% (I round up to 5%) putting 20% down. I would like other loan option feedback or suggestions. Haven't figured in closing cost or any other variables not exactly sure what they could be.

Let me know your feed back.