Houston area deal analysis

[Nathan Piercy]

Hi BP - I'm looking at making my first deal and would like some feedback.  Here is what I've got:

A large home turned quadriplex with additional commercial warehouse (warehouse includes living space). Home recently re-roofed and remodeled in 2017. Asking price is $329k

Total Rent Income (per month): $3850

Expenses (per month):

Taxes - $485

Insurance - $85

Water/Sewer: $250

Garbage - $50

Lawn - $150

Vacancy - $192.50

Repairs - $385

Capex - $385

Prop. Mgt - $385

Electricity/Gas - payed by tenants

HOA - none

I've been pre-approved for a loan at 4%. 

Thanks for the help - hoping to make my first purchase soon if the numbers work!