It’s a weighted average, depending on each of the loan balances.  

With that said and depending on your experience level, a good realtor can be worth their weight in gold in terms of liability protection and experience.

If you can find a reputable property management company, that has extensive market knowledge, they will be worth their weight in gold.

Think about that time when you walked that extra mile despite feeling tired, won that trophy, hit your weight loss goal, hit that savings goal, etc.

What troubles me is that he did not seem to put any weight on the fact that we live in the home with this woman. 

After that it’s a weighted average as follows (.75% x 7.92%) = 5.94% + (.25 x    8.00%) = 2.00 (5.94% + 2.00%) = 7.94%. 

A good CPA is worth their weight in gold.

However, since none of us know your particular rental property or even what city you’re in, we can’t answer your question with any degree of accuracy.I’m assuming your property manager knows your property and local market though, so you’d have to give some weight to the advice they’re giving you.

It just doesn’t cashflow enough to carry its own weight for contingency funds.

This is also even before you account for any reserves for expenses such as potential vacancy rate, small monthly repairs, or large repairs like capital expenditures (like fixing the roof, HVAC).So I notice when I try to do these calculations on properties, I can almost 100% of the time afford a triplex over a duplex, even though it seems like it should be the other way around, BECAUSE the additional rental income of the 3rd unit really helps lessen how much I would have to pay for a mortgage.