Would you pull the trigger on this rental property?

[Weng L.]

There are fewer short sale or foreclosure in the market right now so I am thinking to buy move-in ready investment properties directly with 25% down payment and 30-year fix mortgage

If down payment and fees all together are $100,000, monthly expense total is $1900, monthly rent is $2700, turn-key new construction. Would you buy this property?

[Joe Villeneuve]

NO.  Not with those terms.  You would be negative for over 10  years.  I would like to have it less than 2,,,and closer to 1.

What would the CF be if you only put 20% down?  Probably negative. That means the only thing you're doing with a higher DP is paying for all that negative CF upfront.