Insurance Killing My Deal

[Tariq B.]

Hey All,

I have a 4 unit deal under contract. It's two duplexes on one lot. purchase price $219,000 taxes $2500 and net rents 2250 a month. It is what I feel is an OK deal. But what is really making this deal look sour is the insurance policy. Because the units are separated it requires two different policy's making the insurance anywhere from 2500-3000 a year. I thought I was in the right ball park by running the numbers as $1600 for insurance but apparently I was not right. 

Any one have any thoughts on this?