Help with 2 deals to analyze

[David Shifirn]

Adding to portfolio;

1. Mixed use building. First floor commercial lease 4250$ a month with personal guarantee for 24 months. Second floor apartment rented for $2100 a month just renewed. Taxes $14000 annual. Water $1000. Insurance $2000.

I’m getting a 14% cash on cash return calculation. I’m buying for 700,000 with cash and will refi out 75%. List was 850,000.

2. Multifamily listed for 825 I’m purchasing for 762500. 3 flat generates $6100 A month currently. Taxes are $15,000.00. Buying with mortgage.

I’m assuming 25% equity in on both deals and a 4% mortgage in the calculations. Thanks for any analysis thoughts.