Analyzing First deal in Miami

[Imran Raz]

Hello,

I am a new investor and would love to get feedback from this forum regarding this deal I came across. Below are the details.

According to the spreadsheet I am using this seems like a good deal. My taxes estimates are bit higher than current taxes. According to the broker all units are currently rented on one year lease, only one unit lease is coming up this month. No obvious issues to fix. The rent multiplier figure provided by broker is 7.18 and Cap rate is 10.35. 

Am I missing anything in this analysis?