80/20 ARM Loan $0 down High Rates 20 yr old investor, Am I Screwed?

I am 20 years old from washington, I managed to get a loan and buy a duplex w/$0 down 80/20 Arm loan 80@7.5% 115,000 and 20@11.5 32,000 Yes rates are very high but w/ 0 down and no assets I had to take what I was given. I will be paying interest for the first 2 years and I have no extra money to pay extra on top of my minimum payment. I am losing $. I rent out both units@$1125 + $115 water +75 add to mortgage payment so I'm losing $190 a month, I cannot raise rent it's already up there. I cannot refi for atleast 2 years or I have to pay 3600 penalty fee. I bought the duplex for 147,600 (including closing costs). It's been appraised at only 148,000 so I bought it at top dollar. Should I pay $3600 penalty and refi to get positive cashflow? Or just hold it up for 2 years and lose 200*24=$4800+maintenance fee's in 2 years? Any other suggestions I would appreciate it. Thanks in Advance!