Decision Point, sell or keep my negative cash flow property

[Jeremy Dube]

Well, after re-analyzing my rental property in AZ, I am debating selling. I purchased it with a VA loan (I put very little down) as I was planning on living in it for a long time. Anyway, my life situation took me from it.

I am losing about $250/month once considering CapEx/repairs/vacancy savings, prop manager. i have renters in there and house is in good shape but as we all know, something could go down at any time.

loan is at 2.75%, so, I would lose that....which amatorizes quick.

Anyone interested in rationalizing keeping or selling? Should I hold onto and suck up a loss??? If I sold it today, I would not make much equity at all after realtor commissions...maybe a couple grand, so is it worth it, or hold onto it and suck up the losses???

Anything helps.