Help! Purchasing house no money down

[Rachel Mitchell]

Hi! I am about to purchase a house as an investment property in a growing market in  Utah. Houses have appreciated 10 percent a year for the past 6 years in my town.  I’m 100 percent financing using a cash out re- finance on my primary as the down payment... the purchase price is 374k. My obligation is about $200 over my projected rent income... should i pull out? Thanks for your insight. Also what’s the end game? Hold for 10 years then sell?