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General Landlording & Rental Properties

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Jerad Grace
Pro Member
  • Rental Property Investor
  • Holly, MI
9
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20
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How to determine rent for my single family home?

Jerad Grace
Pro Member
  • Rental Property Investor
  • Holly, MI
Posted Nov 9 2019, 10:07

My wife and I are looking to move soon and we are wanting to rent out our house. We owe $136,000 (3.75% for 25 years) on the house, comps are for the neighborhood are between 215,000 - 250,000. Taxes are around 3500 a year. What is a good price range to charge rent to possible tenants?

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