Moody's Analytics highlighted the overvalued/undervalued markets earlier in the week on a national scale.

And as others have stated, do the proper analytics to derive your potential offer numbers.  

As Caleb said, check your competition.Vrbo has really goof built in Analytic tools to show the competition.Your mortgage payment has nothing to do with what should be charged.

Regardless of what you might believe about Astrology, I definitely find it can be useful like other data and analytics to make important decisions towards your investments.

Rents have to increase in order to keep pace with inflation.My role in our investment team is data science, and I have been keeping detailed analytics since 2013.

Are you highly analytical and introverted or a networker that can't be burdened with the details?  

As I will be new to Durham when I move, I am also looking to join meetups in the Durham area and find mentors whom I can help with my analytical skills as an engineer!

According to Moody’s Analytics, multi-family properties are currently the highest-performing asset classes.

My point here is that someone like you who is seemingly analytical, needs to determine the end game and reverse plan from there, I think right now you are reverse planning from 4K NOI and that is just a number target you derived for unknown reasons and isn't far enough in your future to reverse plan from to form a long term strategy.

Below is some research I have done - The following are firms that are predicting that US home prices will fall in 2023:Goldman Sachs, Morgan Stanley, Wells Fargo, Moody's Analytics, Bank of America,KPMG, Zondahome, JBREC, Yieldstreet, Zelman & Associates, Pantheon Macro,AEI, TD Bank US, Pantheon Macro, Cap Economics, CoStar Group, Amherst Holdings, ING Economics, Calculated risk, Housing Wire (Mohtashami), Redfin, Altos Research, Kwri's chief economist (Gonzalez), Fannie Mae, Zillow, SP Global.The following are firms that are predicting that US home prices will be flat (less than 1% gain, but not greater than a 1% decline) in 2023:Freddie Mac, MBA MortgageThe following are firms that are predicting that US home prices will rise in 2023:RDC Economics, CoreLogicInc, Home LLC (Nikhaar Shah), Nardot Realtor."