That is $19,200 annual profit so you would be -$3,200 in 1 year with no factoring of breakage and maintenance.

There are several factors that could be affecting that, but definitely not an increase.

What other factors should I be considering?

However, when you factor in the HELOC, we have a negative / break-even cash flow (HELOC payments are about 25% of the revenue from both).

However, this wouldn’t typically happen directly because of the appraisal issues themselves, unless factors like low market rents or a lower-than-expected appraised value shifted your loan into a different pricing tier.

Values in Commercial are a RESULT of the factors that formulate it's financial performance. 

They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.

That's a factor to consider if you have children and want them to be in a good school district.  

Again several factors at play but just providing information based on your criteria.

The bank said they won't give me an extension forever while I am looking for a tenant.