Purchased first rental - leverage or cash?

[Steven Chang]

Hello BPs!

I finally pulled the trigger last week and purchased my first rental property for 90k cash and am renting out the property for $900/month.  I've been thinking whether I should leverage it by getting a home loan while rates are low.  I called Chase and they are offering me a loan with 30% down and 5-6% interest rate.  I just wanted to ask those of you with more experience if it makes more sense to leverage it given the 5-6% interest rate.  My guess is that the answer is going to be mostly  yes. 

Thanks!