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Updated over 4 years ago, 09/25/2020

User Stats

6
Posts
1
Votes
Kenny Kim
  • Investor
  • AZ DE, and CA
1
Votes |
6
Posts

Cash flow vs. Interest rate

Kenny Kim
  • Investor
  • AZ DE, and CA
Posted

Hello, 

Currently I have $150 cash flow monthly from a rental property with interest rate 3.0%, and I would get >$400 cash flow if I do refinance (of course, higher interest rate for sure). What would you do? keep as it is or refinance for more cash flow with extended payoff period?

Thanks for your input!

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