Advice on My First Deal a New Construction 4Plex

[Peter Torres]

Hello, I'm a New Investor from Texas, I found a 4 plex new construction, all units rented, Does this looks like a good deal? 

The numbers look like this:

Sales Price $430K

Income $57,600

Expenses $17,461 (30%) remember it's a new construction -

NOI $40,434

Debt Service $22,345

Cash Flow After Debt Service $18,089

Cap Rate 8.25%

Cash on Cash 13.52%

Please help a NEWBIE!!!