I need some help on a investment deal in nj thanks

[Joseph Tarallo]

I need help on a deal in nj. It is a 3 family home that needs about 30k of work put in. My family does construction so I already know the numbers to renovate the place.  Two of the apartments are 2 br 1 ba and the other is 3br 1 ba. The lot is 5000sqft and the house is 3500sqft. It is not occupied. The price I'm paying is 220k plus the 30 I need to renovate.   Taxes are 9k. 

25% down 55k plus 30k for renovations is about 85k out of my pocket cash. Mortgage will be cheap and figuring I get a total of 3300 in rent give or take.  I'm having a hard time pulling the trigger because it's a lot of cash to invest on one deal for myself.