Newbie - Help me analyze this deal

[Blake Davis]

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I am a new investor in the Dallas - Fort Worth market. I am interested in utilizing the BRRRR method to acquire multi-family properties. I have been learning how to analyze deals from articles and resources on BiggerPockets, and could use some feedback just to make sure I'm doing things correctly. I have been using the analysis tool to analyze several multi-family deals. Most of them are negative cashflow and negative cash on cash ROI. Am I crazy? Or are these all just terrible deals? Here is an example of a Fourplex that would bring in less than 2% cash on cash ROI. Maybe I am doing something wrong? Or is the DFW market just THAT hot?

Would love some feedback, especially from locals!

Blessings,

Blake