Having negative cash flow to pay off mortgage faster

[Steven Coppola]

Hey BP! I always here of having a negative cash flow is bad. But I have an example for you. What if you buy a single family home when the market crashes for $120,000. You put 20% down. Your mortgage interest is 5% and your term is 5years. So this would be a $2000 mortgage payment a month. Say you rent out the house for $1000 a month and pay the other half yourself to pay off the house in 5years. Is this a good or bad idea?