Need help analyzing my first potential deal

[Brandon Last]

Hello I need help analyzing a deal that I have been looking at.

8 units

$350,000 asking price

$4000 rent income

Expenses:

Taxes $262.50

Insurance $166

Flood insurance

Vacancy 5% $210

Repairs 5% $210

Cap Ex 5% $210

Water Tenant pays $0

Sewer $0

Garbage Tenant pays $0

Gas $0

Electricity Tenant pays $0

HOA $0

Snow Removal $0

Lawn Care Tenant pays $0

Property Management 11% $462