Arthur Voskanyan  A cash out refi is generally a first lien 30 year fixed rate VS a HELOC is 10 years interest only second lien with a variable rateRates depend on the loan amount, your credit, if you occupy the property, the loan balance, ect @Chris Mason should be able to provide you specifics

In other words, HELOCs are usually variable rate loans which are better suited for short-term investments.

It will cash flow around $200 a month after P&I, fixed expenses and saving for variable expenses.

My question: Shouldn't "Repairs and Maintenance" be calculated based on a variable that speaks more to the value of the property such as ARV (after repair value)? 

At the start of your investment road, you should keep as many of the variables down as possible. 

@Kumail Zar, I would definitely second @Ivan Vargas - you need to look at several more variables.

I also like the dual air gauges that allow variable pressures.

Great coaches understand how all the variables work together and, in an instant, analyze them all to make the right call.

There are so many variables and crafting responses to them all takes time and experience.Best of luck in whatever you decide.

How do you trust a chart when all the underlying variables have changed?