I’m told taxes and insurance is lot and will rise each year and cash flow is hard to come by.

$3,200 is probably a decent rate unless it’s new construction.

If so what are the interest rates on those debts?

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners. 

So why would we buy the cash flow at a rate of 6%?

.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

Owner-occupied commercial properties generally get better interest rates and terms when compared to pure investment properties. 

So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

Check their nightly rate, occupancy and amenities.That will give you a pretty good idea of need and profitability.