New Member - Hi All - Quick question

[Waqar Yakoob]

Hi everyone, Thanks for giving me this opportunity to be the member of this community. Given I am new here, first question. 

I recently bought a rental property in a top area in Charlotte with 20 percent down and 15 year mortgage. The property will not produce positive cash flows. However, rental income will be able to take care of property taxes, HOA (fee), home insurance and P&I on 15 year mortgage. I will not get any positive cash flows, possibly few dollars will go out of my pocket. However, my saving is essentially going to be the principal pay down on a monthly basis and hopefully end of 15 years, I will be in a sweet spot.

Wanted to check any expert thoughts on this model for investing in rental properties. 

Thanks everyone!!!