Seeking Multi-Family Unit Deal Advice (California)

[Laura Webber]

Hi folks, I am seeking to buy my first multi-family unit and I need a sanity check to see if this property is worth purchasing as a rental property. 

I was very conservative on the cost estimates, but it would still generate $5XX+ monthly cash flow. Based the 50% rule, it would generate $2,4XX monthly cash flow. Let me know if you see anything off in my calculations. Thanks in advance. 

Additional Property Info:

State: California 

City: "C" Tier - crime rate is medium, development is medicore, but buildings have appreciated due to neighboring cities.

Four units - 3 residental and 1 shop/store

Tenant pays Gas & Electrity