I recognize if you compare this rate to F/F prior to q2 2022 it looks terrible. 

@Haley BrodeckiThis is a common challenge with smaller HOAs since many lenders require a high owner-occupancy rate for condo financing.

With $50k down and a 7% rate, the payment would be around $3300.In the Denver area, you can get $800-$1000/room.

But when the interest rates started going up about the same time the fed start raising its rate, new construction came to a screeching halt.

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

Still renting at market rate Lessons learned?

When I originally put my savings into Marcus, it offered the best APY rate at 0.5%. 

It may help to lower your price during the slow winter months for a six-month lease, then bump the rate up in the summer when demand is higher.Zillow will tell you how long each listing has been on the market.

I did a cash out refi on my principal residence at a much lower rate and paid it off.Now I plan on using the equity for more purchases.What?