How does this look? · Commercial Real Estate 101

How does this look?

12 unit, $224k multi of major company has 5 yr lease with scheduled increases of 6% in 1 yr. looks like 6 CAP puts price at $3.73M asking 3.79. 1 yr on market. I see room to negotiate will ask broker to see if seller will finance. Otherwise on the full price the best I could find was a 5.1% 15yr FNM loan with 20% down. Maybe I could get a LP to put down which would be $8400 mo.if I got the loan it would be 30 yr amortized $5500 mo. Looking at 13,900 mo. Which would net me around 4500mo. Based on current NOI. Any ideas from Obi Wan or Yoda?

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