All Forum Posts by: Ryan Munson

Again, thank you all for the insight.  This is greatly appreciated and I think selling would be the best move.

Sincerely,

Good stuff!  Thanks all for the quick responses!

@Jordan Moorhead, if we get $1700 for rent then it would positive cashflow about $51/ mo.  If we get $1650 then it would positive cashflow around $20/ mo

I recently accepted a job in the Katy/ Houston area that starts next month and am debating if I should sell or rent my house in Austin.  Here are some data points

• 180k is owed on the home
• Mortgage: $975 (P:$220/ Interest: $755)
• Recent appraisal: $280k
  • Comps for the area are between $260-$280k
  • Taxes: $5700
  • Insurance: $1020
• Rental comps: $1650-$1700
• Purchased in 2014: $203k
• Listing cost: $1360/ or 80% of the first mont's rent

Any input would be greatly appreciated!

Thank you,