Should I sell my rental condo?
It's been very easy to rent but I'm not sure if the numbers justify keeping it.
Our Tenants are moving out shortly so I'm evaluating now.
I would be able to sell for $275,000 or rent it for $1,900 (maybe $1,925)
HOA is about $2,100 per year and taxes are $4,500 per year. It's a newer condo so repairs are minimal (appliances here and there and a plumbing issue here and there).
it's in a good school district so it should always be easy to rent, but value is very flat so appreciation looks like it'll be minimal moving forward.
Thank you!