3) You can see just how stark the scenario is today, in Jan 2025, from what it was four years ago.

Four years ago, an aspiring single-family investor could buy an investment property at prevailing prices, rents, and rates, and clip +$2,226 in net profit per year on net cash flow. 

Fast forward to 2025 and the same investor would be losing $5,657 per year after paying interest.