Quad and SFR Combo Package Deal Analysis

[Adam Demchik]

Just looking for any opinions on the deal I am working on below:

Property: 1 Quadraplex (4 - 1 Bedroom units) and 1 SFR (4 bedrooms), both on a main street in a small town

Condition: Both in excellent condition. New roofs, paint, carpet, counters, cabinets, etc

Rent: $40,800 yearly ($3400/month)

Expenses and Vacancy: $20,000 (using information from seller)

Mortgage Payment: $9,224

Pretax Cash Flow: $11,576

Cash ROI: 16%

Cash/Door/Month: $188

Any comments would be appreciated!

Thanks!

Adam