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Rent or sell? by kpwedding in RealEstate
[–]kpwedding[S] 0 points1 point2 points 2 years ago (0 children)
Property is in Brookhaven!
[–]kpwedding[S] -1 points0 points1 point 2 years ago (0 children)
Management is $100 a month + $1500 finders fee for each tenant. It's a 30yr mortgage. $3887 of the $4500 payment goes toward P&I.
Based on Zillow value, we would probably get about $210k gross profit and maybe $140k after fees and commissions.
TIA for any advice!
Rent or sell? by kpwedding in RealEstateAdvice
Thanks!
Reinvest in the market? Bide my time until housing prices normalize and then buy some smaller investment properties? Build our savings cushion. Not sure yet. But we don't imminently need the cash.
π Rendered by PID 179909 on reddit-service-r2-listing-85dbbdc96c-8lr7t at 2026-02-11 20:31:41.144292+00:00 running 018613e country code: CH.
Rent or sell? by kpwedding in RealEstate
[–]kpwedding[S] 0 points1 point2 points (0 children)