Renting out House because of job opportunity thats out of town.

[Dustin Bergeron]

Guys, I am waiting to hear back but I will try to breifly explain my situation.

Just bought a house in May 2018. Have a possible job offer out of state. If the offer makes sense, might take it, as I have been waiting for a long time for it.

Looking at my house see the details below.

Loan on House : 241,900 (1210 / month mortgage) 

Potential rent : 2,500 /month (based on comparable rentals)

HOA fees : 150 / month

PMI : 150$ / month

Insurance : 1900 / year (includes flood) 

Taxes : 5,500 / year 

Utilitites : On Tenant

After vacancy (5%) and maintenance (10%) and property management (10%) I am at a loss (-200 cash flow) each month. If I include the equity, I make about 120$.  If I try to sell the place I might get similar to what I paid for it, maybe more as we have done some repairs and cosmetic uplifts.

Im trying to figure out, should I try to rent it out or sell it? Selling it I assume I will lose money on the realtor commissions or break even as I have about 6% in equity at the moment.

Thoughts are appreciated! 

If you need more details, let me know. Thanks in advance!