Is the interest rate, location, and possible(likely) appreciation of this home worth keeping it?

We intend to do a free refi by the end of 2024 with a better interest rate and more equity in the home.

Folks who did not do this and saw rates double are hating life. 

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Hey Seth, If you have a good FICO, Loan Amount is above $250k, and property DSCRs at 1.25, You may achieve a rate at the high 7s at 70LTV on a 30 year fixed loan. 

Curious as to the hard money loan and if neighborhood of 5% above market rates?

It is too early for me to state if this will be a decent investment, but the projected annual return was advertised at 14% to 21%.  

I have 2 rental properties(a 2 family home that I bought 9 years ago that needs new roof eventually and a short term rental a few hours away up north that has a 5.2 rate and is very updated) I used a cash out refi in 2021 for the 2 family to take out 25k(and it lowered my payment, went to a 3.2 rate for 25 years for the 2 family) and then used that 25k to buy a 240k cabin up north to use as a short term rental and family vacation home.2023 was the first full year for the cabin and it brought in 25k, however expenses were 36k, so 11k in the negative.

Is the property currently rented at under market rates? 

The "Smart Money" got the lowest rate possible ( floating) and everybody's Grandma got a fixed rate.