Which is better? High cash flow or high cash on cash ROI?

[Amr Aly]

I am getting ready to purchase a property for $102,500. If I were to put 20% down, my monthly cash flow after all expenses would be $333/mo, the cash on cash ROI would be 14.91% & the total cash needed would be $27K. Or I could go with 0% down (NO PMI) & my monthly cash flow would be $188/mo with a cash on cash return of 24.96% and the total cash needed would be $9K. I understand that it depends on what I want (short term return VS long term return) but is it wise to waste 6K on banking fees with 0% down VS $1,300 on 20% down. Hope this makes sense. Looking for advice.

[Kevin Blanchard]

@Amr Aly I would prefer the 0% down. That is essentially money that you can use to leverage another property elsewhere.