First deal (thoughts?)

[Blaise Bevilacqua]

Hi all - I'm looking at my first investment property. This quadplex looks promising and was wondering if I should go this route or in another direction. Deal stats are below. 

- My wife and I are 33 living in SF with $250k in cash & $250k in other equities.
- $6k/ month is our freedom number from a W2
- Buy & Hold MFH is our plan (turnkey with PM in place)
- This quad was built in 2024 and we're able to secure a 3.75% 10 year rate

How's this deal looking or would it make more sense to go another route?

[Cory St. Esprit]

You say 10 year note, but your photo shows 30. That’s a big difference. You have no vacancy scheduled in nor repairs. If you can find $1,500 insurance for a quad, we would all love to know that broker.