Advice on purchasing a multi unit apartment building in Maryland

[Demetris Moore]

Hello, I have a question or I might just have the jitters.  I have purchase a few houses some I've flip and some I've help on to for about a year or two and I've money in the process.  My questions is  I am in the process of going through closing on a 7-unit one-bedroom apartment building in Maryland. The gross amount of rent is 4200/Mo

I am obtaining a mortgage for the total price of 389,900/ The annual expenses broken down below. This doesn’t seem like a large monthly cash flow  of 779.95 per month for a building that requires a down payment of 97k at closing. .My plan is to buy and hold and leave to my kids. Do you these numbers look like a good deal?

[Michael P.]

Your kids will love you more if you put the 97k in an index fund for them