Sale or rent 580k single family home

[Jacob Souers]

I have a house in New Orleans that I’m trying to determine if I should sell or rent. I have bought and sold a few personal houses but I have never rented out a property. Needless to say, I’m interested in have multiple rentals

Numbers:

purchased it for 530k in 2018

Currently worth 580k

I owe 390k

I could rent it for 3500k

Interest rate on the house is 2.75% fixed for 30years

Mortgage with escrow is 2700 per month

Should I rent it or sell? If I rent it, I’m going to cash out refinance the max.