The system that you have given has indeed two singular points: $$x_1 = -2,\qquad y_1 = -1,$$ and $$X_2 = 4, \qquad y_2 = 2;$$ You can verify this by checking that $dx/dt$ and $dy/dt$ are both zero.
To check what type of singular points these are, we can study the system linearized around a stable point: $$ \dot x \approx A x $$ where $A = \
abla f (\bar x)$. In this case, we get that $$ A(x,f) = \
abla f(x,y) = \begin{bmatrix} -2x & 8y \\\ 2y & -4+2x \end{bmatrix}.$$
This matrix has two eigenvalues, $$ \lambda_{1,2}(x,y) = -2 \pm \sqrt{4-8x + 4x^2 + 16x^2},$$ of which, in the case of the two given stable points, one is positive: $$ \lambda_1(x_1,y_1) \approx 5.21$$ $$ \lambda_1(x_2,y_2) = 8 $$ Because the linearized system has positive eigenvalues, the singular points are unstable.
To draw the phase portrait you can use a vector field plot).