Is $400,000 multi family 4plex in Florida a good deal??

[Cesar Gomez]

Is 400k multifamily 4plex home in Florida with FHA first time home buyer a good starting point ? I'm being told that's what I can afford and what I'm able to get and each unit has to rent for 1500 for me to make a good profit. What do you guys think about this ? I'm being told this by the loan officer. I feel like 400k is high but I definitely could be wrong, just want people's thoughts. I do want a multi family home in florida.