One issue alone will eat up half of that.

I could maybe offer to pay it but it would eat away at my profit.

Most likely that will eat up any equity that has been built up.

I have been a leading a Team of Investment Realtors, assisting my clients build their net worth in Vacation rental investing, and decided it was time for me to eat my own cooking.

Vacancy may underestimated, turnover prep in this area is going to eat you up. 

@Navjot Dhaliwal as this is your first deal, triple check the space rent anything below $200k here is probably going to have space rent in the $600-$800+ per month range which really eats into your cash flow. 

Depends.. are you eating the cost of the credit and background check?

Unless you have a pile of cash to put down, this alligator is going to eat your funds up quickly.Just to give you a quick breakdown. 

The real problem is the increased mortgage payment is going to eat up all your increase rent revenue.Frankly, Samer, based on the little information you've shared, this doesn't look like a good deal...at all.

Some I have seen eat the costs as owners and others I have seen raise the rent slightly to cover some of the extra costs.