Options for fully renovated, 100% owned SFH

[David Mohrmann]

What would y’all suggest if a SFH is owned outright, is fully rehabbed to that of a top of the line middle-class home, but is renting for less than the “2% rule?” Like, way less...?

[Thomas S.]

Sell it asap, it is not a income investment property. $340K is worth $2800/month in opportunity value alone. After expense's you are probably losing in the vicinity of $2500/month.

I sure hope this place is appreciating like a rocket since that is your only chance to make any return. The property needs to be appreciating at a minimum 9% annually for you to break even.