need feedback on a mixed use deal

[Amit Barman]

Hello Group!

You  guys have been so helpful so far. I really appreciate all the feedback I got over the years which helped me to growin real estate investment.

I have been doing buy and hold type deals for single family/townhomes so far, but looking into a mixed use deal and wanted to make sure my analysis is correct, and I would greatly appreciate your feedback on this.

So the property is four level, also has a one level extension. the four level can be converted into one level of retail and three level of apartments. Did a quick design and realized I can have three two bed apartment, three one bed apartment and two studios. This is aimed for student housing and rent for studio goes for $750, one bed for $1000 and two bed for $1250, Retail rent I might get around $3000, there is one story extension that can be converted into a community hall. So all in all I am looking into gross cash flow of around $11250 at 100% occupancy. the property asking price is $590K and need around $300k to flip. Bank would finance 70%. Monthly P & I would be around $3550. so if I consider 80% occupancy, and $1100 for maintenance escrow(10%), my cash flow should be $4350 + whatever I can make out of the renting the community hall. Does it sound like a good deal, am I missing anything?

Thanks again for your help!