5 Unit Analysis

[Peter R.]

Hi BP.  Looking at a 5 unit, would appreciate some thoughts if you have them.

5 units, all 2 bed / 1 bath:

Purchase Price: $275,000
Mortgage: 30% Down, 5.15% on 20 Year Amortization
Taxes: $2200/year
Insurance: $2000/year
Maintenance/CapEx: $6000/year
Management: 8%/$2902/year
Administrative: $1000/year
Vacancy: 7%/$2730/year

Rent: $3250/year

I'm getting:
39000 - Income
(2790) - Vacancy
(13702) - Expenses
22568 - NOI
(15437) - Mortgage
7131 - Cash Flow

$119/Month/Unit

Given these numbers, would you do this deal?  Anything jump out at you as off or not quite right?

Thanks!