Help with my Rental Property Analysis

[Nicholas Rado]

My realtor sent me this off market deal.  It is a 4 unit multi family that is currently occupied with long-term tenants at $750 per unit.  I'm using a low down payment loan so I have to house hack it and occupy one of the units myself for the first year.  The loan shouldn't give me too high an interest rate because I have very good credit.  

My realtor thinks that it is in the 220k-230k range so I analyzed based on the high end of that, he also thinks rents could be increased to $800 but I don't want to scare off good long-term tenants so I probably wouldn't do that unless someone moves out.  I have limited info since I haven't seen it yet and there is no listing but it sounds like they are probably 2 bedroom units so I may be able to rent out a room in the unit I live in as well (didn't factor this in to the numbers at all).

I was kind of guessing on insurance so I went on what I expect to be the high end of what it may cost.  Also not sure if the repairs/maintenance budget is normally meant to cover regular maintenance like lawn care.  The only thing I changed for the analysis after I move out is increasing the rent because of the extra unit, not sure if there is anything else I should be changing.

To me it seems like a good deal.  Pretty much breaking even while I'm there and has good cashflow once I move out and rent the last unit.  While I'm living there I would pocket the PM fees and do the lawn care myself.  Also potential to be even better since I analyzed on the high end of purchase price and can potentially raise rents.

Analysis while I Owner-Occupy

Analysis after I Move Out (Fully Rented)

Thank you in advance.