I'm looking to rent a property for $2500 per month. My mortgage, insurance, taxes, and property management cost will be right around $1,950. This isn't factoring in any maintenance or vacancies. Property value is $330,000.
Would you consider these numbers good, cutting it close, or not good?
Too tight . Normally a house of this caliber makes a poor rental investment. The rents can’t keep up with the value and by the looks of it you’d realistically be lucky to break even after additional expenses are factored in . Sell it or find another rental
@Tony Stancato sell it and buy 11 houses