[Calc Review] Help me analyze this deal SW Cedar Rapids IA

[McKensie Hogstrom]

Hi everyone! I was recently approached by an investor who wants to sell their quadplex in the SW side of Cedar Rapids IA. This is the first quadplex I'm considering purchasing but I'm worried that my numbers are too conservative. I've linked the report below. Big takeaways 

Asking Price: $145,000

Gross Rent: $2,500 (some of the units are below market rent so I'm assuming I can raise rents to at least $625 a unit)

Cashflow: $169 (This seems awfully low for a quadplex considering it's much better than the 1% rule)

Any advice would be greatly appreciated! My biggest concerns are that I'm assuming too low of a monthly rent and that I've overinflated the cost of maintenance and capex.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

[Glenn McCrorey]

@McKensie Hogstrom  I'm just taking your numbers at face value but the fixed costs you calculated seem high.