Multi familiy Deal ?

[Adam Taylor]

Hello all my BPers. Looking at a 4plex offer but I think the seller is asking to much. I want to get some of the more seasoned multifamily investors and investors in general thoughts.

$315k asking price. Rent rolls are 3@$650 & 1@$695=$2,645 per month. Tenants pay utilities. Property tax $1,500. I do not have operating expenses. Should this still be analyzed like a SFR except for trash/lawn care expenses.

This deal is in TN if that makes any difference.

Thanks Adam