Using the Zillow mortgage calculator, my mortgage would come out to be $650 a month not including any other miscellaneous expenses. http://www.zillow.com/mortgage/calculator/payment/...The full breakout is as follows:Expenses per month:$458 - Property and Interest $125 - Taxes $67 - Insurance $105 - Maintenance and Repairs (Based on 1% rule)$25 - Advertising for tenants ($300 a year on the high end) $128 - Electric  (rough estimate)$30 - Water (rough estimate)$70 - Google fiber Total Exp.: $1008This is an extremely rough draft but I feel like I've covered a handful of expenses with over estimating advertising costs to find a tenant. 

I just decided to go ahead and advertised it on craigslist and facebook.

I'm picturing an advertisement with you in a black Secret Service type suit, wearing dark shades, and striking a James Bond or Charlie's Angels type pose while holding one of those guns with the flags that says "BANG"....except of course yours would say:

I figure there is a somewhat higher rate, although mid-3s is lower than I've seen most advertising with 10% down.

@Douglas SkipworthSince you own the company, your post is pretty much an advertisement, which is banned in the forums and restricted to the Marketplace.  

As an agent and an investor myself, I am going to wholesale a house for 10k vs. listing a property and making a lot less just to split a commission with someone. any agent out there that has a broker like that just needs to pay the transfer fee to move to another firm I agree that brokers have a financial motivation.You are totally misguided thinking equitable title, equitable interest is the same as the ownership rights to title which are required when offering good title to real estate through any advertisement.

My past performance does not guarantee the future but it all comes down to property location, your advertising methods, relationship with your current tenants, and your screening process. 

I self-manage, do my own advertising, leases, work, etc….. 

Do they pool funds for advertising? 

It’s just different and we see it’s not always as advertised.