It can vary widely based on just the local area.

Based on my market analysis, $2,100 seems reasonable for a 1,711 sqft condo in this area with a lack of apartments.

I will appreciate if someone can give me a feedback about it based on experience working with it and finding deals thru them.

Would you send over the offer terms in a seller-financing contract or send over the potential returns for seller based on analysis?

I have over 40% equity based on loan amount of $200K and general market value of the property at $400K (unsure what assessed value would be).I'm thinking I'm a candidate for PMI removal.

I only do 12 month leases and re-evaluate the rent price based on market conditions at that time.

I am concerned that they might not be able to afford the rent. would you qualify a prospective tenant based on these numbers? 

Personal Property Replacement Cost Coverage is not included, and valuation of contents would be based on the Actual Cash Value/ Depreciation.

Investment property HELOCs are hard to find but a closed end 2nd mortgage on an investment property is going to easily be in the 10s and up for an interest rate.More about DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Here's my advice based on an 'n' of 1:- in my case, Insurance company agreed to pay 33% over asking price.