Need your advise on this MF deal

[Alaas Amour]

I'm considering purchasing an 8-unit multifamily property in , PA, listed for $600,000. The property has 8 units . All units are currently leased, generating a monthly gross income of $7,200 ($900 per unit). The property is fully rented, close to University and a local hospital, which should support stable tenant demand. im willing to put 20% down payment, Im not sure about the costs that i should think of other than (management fee, vacancy, taxes, insurance , Maintainance) am i missing soething here (but Im saying 55 to 60% cost of the income). Im not sure what is the MF interest rate these days too.

I'm seeking feedback on:
1. The overall attractiveness of this investment. Is it sounds solid or nah. anything i should ask or look more details on

2. Any additional due diligence questions or red flags I should look out for. since its my first time to invest in multifamily

3. Exit strategy and appreciation potential in a market like , PA, which is a smaller town with modest appreciation.

4) is there any tools or metrics with average I can refer to to analyze this.

Would love to hear thoughts from anyone familiar with similar markets or multifamily investments.

[Drew Sygit]

@Alaas Amour check with city building/rental dept to see if any outstanding permits. Get a list of recent inspections and permits to make sure the new roof and such were done right.

Check with police if any reports for the property.

What's included in the seller's expenses? Lawn, snow, electric, gas, water ???

Of course, have a professional inspection done that enters each unit and do a sewerscope.