Milwaukee SFR Deal Analysis - Multi Family Comparison

[Tim A.]

Next week I am closing on a three bedroom one bath home in Milwaukee. Although I should have done this sooner, I would appreciate any feedback that you might have on this by and hold property. 

I am buying the house for 86k and the taxes are around $2400 a year. I posted the house on Craigslist already and had 40+ inquiries within the first 36 hours with an advertised rent of $1275. Tenants are responsible for lawn and snow so there won't be any costs associated with that. Outside of some minor cosmetic repairs it is pretty much a turn key home. 

Is this a deal that fits within your peramiters? In comparing the SFR cash flow to the numbers that I've briefly looked at for multi families, it doesn't seem like they are producing that much more. Is this an issue that others have seen in Milwaukee or am I just that ignorant/naive?

Thanks!