Is it worth it??? (First Time Homebuyer)

[Taahir Shaikh]

Hello all,
New to the BP community and would love perspective on a situation I’m going through currently. 

Just got engaged and will most likely be getting married in about a year. I’m here in Dallas Fort Worth and have lived in the same house all 27 years of my life so I’m familiar with the metroplex. I’ve been able to stay with family this entire time while taking care of my mother but since the situation has changed at home now, I’m wanting to take the next year to live by myself ahead of marriage. I just got my prequal letter and have been shopping around for my first home. The plan, is to live in the home for the next year before I’m married and then buy another one a year from now for me and my future wife while I put this one up for rent.  

I’m leaving off some personal details but my question to the crowd would be, does it ever make sense to buy a home and rent it out at negative cash flow? 

I’m being conservative with my numbers to keep a cushion, but with a 10% DP, current interest rates, and rental comps in my area… when I go to rent out this house in a year, it may be operating at a $200 cash flow loss monthly compared to mortgage loan/prop taxes/insurance payments. 

This is my first home, and I’m trying to not let fear set me back in this market, so I’d appreciate any feedback y’all!