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Updated over 7 years ago,
Renting out my house or selling it?
I am moving out of my house and into a bigger one in the same town. I was going to put my house up for sale but then i was thinking about renting it. Wasn't really sure what to do based on what i think i can get for my house. Bought it for a little over 100,000 so my taxes and insurance included in the loan are about 900 per month. If i rent the house for 1200 with nothing included except for water/sewer then i would be bringing in about 250 per month. Is that good? Should i be happy with that?