Not sure what the question is here.What role are you playing in this scenario? 

I currently have a $1.4M real estate portfolio and expect to reach $1.7M after buying this new property, generating $7,500/month in pure cash flow.

This is IF all other criteria is solid.

I have done this myself.

You got this and good luck!

This book has great information on how to evaluate deals and will tell you about the metrics you are asking.

This is the actual calculator that traditional underwriters will use.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

You really need to talk to a tax advisor in this situation.

Most "traditional" or "free" type softwares out there couldn't handle the commercial address, and "commercial" specific softwares were exorbitantly expensive when I looked, now this was some 4 years ago now so perhaps there is a new player, but regardless that client jumped on hemlane, and I was able to get on as well as his leasing agent and he now has 8 units in total across a couple properties, both commercial and residentially zoned on the one dashboard.