Help analyzing 5-unit MFH

[Jeremiah T.]

Looking for help analyzing this property. First off, I'm working to get a "feel" of the neighborhood and the structural fitness of the building and I'm not done with that yet. 

Any pointers on this analysis? Also, is $12k a sound starting point to estimate for the work to sub meter the utilities out?

What else should I consider?

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5-Unit Multifamily

mix of urban and suburban tenants

Purchase: $118,000

Repairs: $5,000 (Guessing)

Closing: $6,000 (Guessing)

ARV: 125,000 (Total guess; need help)

DP: $23,600

Loan Amount: $94,400

20 yr amort.

Interest: 5.8% (higher??)

P&I: $665.46

MONTHLY:

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Total Gross Rents: $4389

Monthly Expenses: $3583.05

Cashflow: $805.95

EXPENSES:

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(** Landlord pays utilities)

P&I: $665.46

Vacancy: $438.90 (10%)

Repairs: $131.67 (3%)

CapEx: $219.45 (5%)

Property Management: $438.90 (10%)

Insurance: $199.00 (2016 Actual)

Management: $438.90 (10%)

Property Taxes: $177.67 (2016 Actual)

** Electricity: $834.00 (2016 Actual)

** Water & Sewer: $165.00 (2016 Actual)

** Garbage: $83.00 (2016 Actual)

** Gas: $130.00(2016 Actual)

** Sewer: $100.00 (2016 Actual)

OTHER:

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2% rule: 3.40

DCR: 2.21

NOI: $17,656.96

Monthly cash flow: $805.95

Cash on Cash: 27.95%