Is this 24 unit a good deal?

[Tony Nguyen]

Hey guys,

I have this deal under contract with first right of refusal. I want to see what you guys think. The plan is year 1, rehab and lease, year 2 sell. We'd have to gather investor(s) in order to make it work. Numbers are below. Can't wait to see what you guys think! If I'm missing info, just let me know. Thanks

Price: $375,000 in Tampa, FL (will definitely buy it lower)
Needs rehab of about $125,000
24 units are all 2/1
Rents are $550 per unit, per month.
all units are vacant right now

thanks again guys :D