D area properties eating my cashflow, time to sell?

[Bud Dwyer]

Back in 2016 I bought three 4plexes in Phoenix, one for $176k, and two for $190k.  Sometimes they have made $4k a month net, but quite a few months they have lost money.  Last year they lost $30k total due to needing to completely rehab 3 units in one building, but their value has gone up considerably.  In December I did a cash out refi and pulled $350k out of all three buildings.  I attempted to buy more buildings out of state, but thankfully they all fell through right as COVID took over.  So I am sitting on about $420k right now including my savings.

Fast forward to today. I had to replace an A/C unit for $4150, and it looks like two more are about to go soon as well. Due to the new mortgage payments I only net about $1900 a month before any maintenance or CapEx. Now, after every monthly cost I'll be lucky to get $800 a month for the rest of the year, and that's before maintenance or CapEx.

They're all valued between $350-360k now.  I'm thinking about selling them, but kind of on the fence about it, due to the fact that Phoenix has very few natural barriers and can consistently grow.  If anyone has been in a similar situation how did you handle it?