Please help me with my deal analysis

[Prashant Sharma]

Hello BP members,

I'm new to investing (although late to the game, sat out of the market and watch go up past 5-7 years). After having gone through quite a few podcasts, blogs, posts, etc.. I have decided that I'm ready to pull the trigger. 

So, need some help with my math: open to your expert feedback:

I'm looking at a 4 unit property on Orlando, FL near downtown (Lake Eola heights). Property is wood frame (I have heard of termite issues in Florida to be common in wood frame houses?)

Loan amt -(after 25% dwn)	375000
P&I (5%)	1956
Taxes	505
Ins /mo.	250 (Total guess at this point)
Util /mo. (water, sewer)	300
Potential rent	4000
Prop Maint 10%	400
Vacancy (5%)	200
Prop repairs	200
Net Inc	189

Does this deal make sense numbers wise or even for the neighborhood? Anything major that I'm missing?

Thanks!