Buying Property In The Military With a VA Loan.

[Caleb Henry]

Like I stated I have purchased a house (condo) while in the military. I am getting out in 7 months and I'm not sure if I should sell or keep it for value. Any advice is appreciated. 

The numbers are as follows. I purchased the house for $185000 with $0 down due to it being a VA loan and all the closing costs were covered. However i just refinanced (before really looking into real estate at all) and got a loan for $183000 reducing the interest rate by 1.75% to 3.5%. Again 0 out of pocket because USAA (who I went through for the loan) covered all the expenses. Total cash flow comes out to negative $200 with the estimated rent off of zillow. That being said though the estimated value of the condo is around $210000 and is projected to keep rising. This was confirmed when I got it appraised for the refinance. At this point I'm just not sure if its worth it to keep it or not.

I attached an analysis I made using the calculator for rental properties.
https://www.biggerpockets.com/analysis/rentals/d7d51b77-7364-4c3c-ad6c-bd8008c56d70