Investing in a 4 Unit flat

[Albert Baker]

Currently, my team and I are looking to invest in a 4 Unit flat with an average of 10,700/month in rental income. The asking price for the building is 1.2m. I know there is a general 2% and 50% rule before investing in a property. The property is well taken care of, there is a very little chance of vacancies, there are multiple personal parking places, and the property is in a good area by a college. The taxes are close to 21,000. 

What other things are there to look out for when investing in a property? 

Are there any calculations I can make based on realtor information to give me a better idea whether to invest or not?

All help is appreciated!

AL