4Plex Deal Analysis/Advice

[Tyler Miller]

Hi Everyone! What do you think of this 4-Plex deal? Purchase Price: 117k (Will get it cheaper than this-probably around 105-110) Estimated Repair Costs: 10k (May be less.) 20% Down Income: $2275 Vacancy $295.75 (13%) CapEx $227.50 10% HOA $100 Management $227.50 10% Property Taxes $99.42 Repairs $227.50 10% Water & Sewer $100 Insurance $200 P&I estimated at $502.46 NOI $9568 Cash Flow $294.87 CoC ROI 10.29% Building is 31-40 years old I tried to estimate high. My insurance and water/sewer will most likely be less. I will manage it myself for now. I also estimated vacancy and repairs on the high end. Thoughts?