3 family house hack in NJ

[Ryan Conklin]

Hey everyone! I️ came across a house for sale in a great area that is a legal 3 family, all 2/1 units, for $550k Unit 1 was just rehabbed but vacant Unit 3 I’m not sure about but rented for $1750 Unit 2 is “value-add” and vacant so I️ know I️ could rent or rehab it Estimated rent roll would be $3600 as I️ am thinking $1850 for rehabbed unit and I️ would take the unfinished unit. Property taxes are 11500/year Tenants pay gas and electric I️ would pay $1700 for an apartment in this area. I️ am looking for a property to house hack, so I️ would look to do an fha with 3.5% down. Would this deal make sense? Thank you in advance!!