Hi everyone,I have a Rental Grader tool that projects the short-term rental revenue for a property based on its zip code and size.

In my little computer system, I click the MOST EXPENSIVE title/escrow fees in the entire zip code, and quote you THAT on my loan estimate. 

.), 5% vacancy, $50 insurance, $200 taxesIncreases in rent just absorb increases in other monthly expenses3% annual inflationCost to purchase was 2% of purchase price; cost to sell is 9.5% of final sale priceYou're not doing a 1031 exchange, resulting in 15% capital gains tax when sellBelow I've plotted what I'm calling the "effective interest rate" (there's probably a more correct term, but I'm defining this as the annual interest rate that would result in the same net return on your invested capital that you would get by selling your condo in year X) assuming a 3%, 5%, and 7% appreciation:To me, this means that if you think the annual appreciation of your condo will be around 5% and you're happy with effectively getting a > 10% return over the next 10-15 years, then I'd wait to sell until that time has elapsed and the market is not depressed.For reference, I pulled data for all 1 bedroom condos in zip code 98121 sold from 1995 onward, and you'll see an average appreciation rate of about 7% in this data set:But, if you think you can get equal or better returns elsewhere at lower risk (perhaps you're seeing the HOA as one of these risk factors - otherwise it seems pretty safe to me...), then perhaps you can take your great return now (which I'm assuming will be about 150-200% of your original investment, or over 10% annualized return over 5 years) and put that to good use elsewhere!

I was just on homepath today, and it seemed pretty simple to search zip codes I'm interested in. 

Those zip codes are decent ones.  

The cash flow in those zip codes is great, and the demand is high.

The median home value for the zip code is $270k.My client wants to sell the property in the most profitable way possible.

You need boots on the ground for certain, as well as, zip code specific demographics on market cycles and trends in each area you explore, check with the Economic Development council locally aware of development in the area and future plans.  

@Mark Rickert  Just for the heck of it, i reached out to Smart Zip but this isn't anything they can help with.  

And what part of town (zip code) are they in?