Buying my first multi-family on FHA of 5% conventional in Florida

[Raja Sharma]

I often hear that a property should positive cashflow and only then it's a good investment.
I have finalized a property that generates 0.8% of purchase price in rentals every month.

But will 6.25% interest rate and 5% down payment plus deducting expenses like property taxes, home insurance, mortgage insurance and variable taxes like vacancy (8%), maintenance (8%), property management (8%), I am only left with negative cashflow.

Am I doing something wrong? or is it just the high interest rates and lower down payment that is causing this?
How should I see it?