[Calc Review] Help me analyze this deal
Looking to move to a second home in a year. The house currently sits within an HOA which is $285 a month. Electricity average for year is 165monthly and water is 65$ The leaser would have to pay those themselves on top of rent. We are looking to do a first and security, as they require HOA background checks and fees to move into neighborhood. Does this property look like decent rental property? In the area other homes are ranging from 1650-1950 a month. Thanks for any advice!
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