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HomeForumsManaging Your PropertyCheaper rent than mortgage Tampa area
Calvin Alardo's profile image
Calvin Alardo's profile image
Calvin Alardo
  • Member since Apr 15, 2024
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Calvin Alardo's profile image
Calvin Alardo's profile image
Calvin Alardo
  • Member since Apr 15, 2024
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Calvin Alardo
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Managing Your Property

Cheaper rent than mortgage Tampa area

Calvin Alardo
Posted Apr 15 2024, 15:30

Hi,


I recently bought a townhome in temple terrace Tampa in 2022. I am looking to rent it out but the mortgage including the HOA is 2,000. The market in the area seems pretty competitive with some nice apartments costing around 2,000 for rent so I am considering renting it out for cheaper maybe 1.8/1.9 so it doesn't sit too long on the market. The townhome itself is decent but nothing high end. Hoping to get some insight from some more experienced investors?

Tampa, Florida
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