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[Jack Amaral]

This deal is a 4plex in St. Paul MN from Realtor.com. All units are 2 bed, 1 bath. Asking Price is 875,000. The plan would be owner occupancy, 3.5% down for an FHA Loan.

Looking at this chart from my excel sheet it looks to be a bad investment, Even bringing the purchase price down by over 100K still brings me negative cashflow over the first 2 years due to the rehab budget.  

I'm having trouble determining how much the expenses will be per unit per year. If you have any tips I'd love to hear them. I also wrote in 3 units rather than 4 because since I would occupy one i wouldn't be getting rent from myself. Also because I only put 3 rooms the expenses per unit would actually be higher making this deal even worse for me. 

If anyone notices any problems with my calculations or any suggestions for analyzing deals please share!