Inheriting Property & 1031 Proceeds

[Chris Mooney]

Hi all!

My fiancee is inheriting proceeds from the sale of a large family commercial property. She's on the llc as an owner, so she'll be able to 1031 her portion into another rental(s). She's looking to inherit around $800K. 

We're looking to buy a few mfh all cash. So if we're investing $800K, for sake of this question, we'll say we can get 4 duplexes (around $200K each). We roughly estimate we'll make at least $3600/month cash flow. Does this seem like a good ROI to you all? Eventually we'll pull out equity to invest more down the road, but want to just stabilize and get the cash flow for now.

What would you all do if cash flow was your goal in this scenario?

Thanks!!

Chris