Looking into buy my first 4-plex in a metropolitan area in Central Valley California -Did I get the numbers right?

[Ariel G.]

The Property is located in a class C area, right in front of a nice park and close to downtown, shopping malls, churches and a hospital.

I walked there at night and I felt safe. Also, during the day I saw families and low traffic. 

Everything is new, with resistant materials and decent finishing. All appliances: including dishwasher and washer machine in every unit. it's a turn key property.

Am I missing something? I know there are several variables, but in general and roughly, from 1 to 10 what would be your rate for this investment?

Any tips will be greatly appreciated :)

(3) 1bed 1bath  and (1) 2bed-1bath

Purchase price is 225,000

Monthly Income: $2,440.00	Monthly Expenses: $1,708.87	Monthly Cashflow: $731.13	Pro Forma Cap Rate: 8.57%
NOI: $19,718.00	Total Cash Needed: $50,000.00	Cash on Cash ROI: 17.55%	Purchase Cap Rate: 8.76%

Total operating expenses:	Mortgage expenses:
Vacancy:	$122.00	CapEx:	$122.00
Electricity:	$20.00	Water:	$50.00
Sewage:	$50.00	Garbage:	$20.00
Insurance:	$50.00	Management:	$122.00
P&I:	$912.03	Property Taxes:	$190.83