this assumes that the price the bank agrees to is a good enough price.

Assuming it really is worth $167K in good condition.

This house only has 1bath (but 4 BRs), whereas many have 2BA, so let's assume the lower end of the range.

I use 40% of rent as my assumed expenses, which assuming I'm not paying for property management.Now you know your immediate profit and your long term monthy cash flow.

Assuming a long term hold and rent, and an "average" rental (not an executive or specialty property), you should take steps now to minimize headaches and expenses over the life of the property.

I'm assuming that you'd want one extension or number for each ad you're running to verify effectiveness.

I am a Realtor and have learned why so many do not like Realtors-assuming every Realtor is like the one they heard about/were told about/etc.

I'm going to assume its a request for help in how to market this sort of deal rather than a solicitation.

Again, I assume you referring to the mortgage you gave your lender, not the one your buyer gave you.

I'll assume you can handle that, but that's a huge factor.Holding costsUtilities: $100/monthInterest: $890/monthTotal for three months: $2,972So, you need about $1,000 in addition to what's left from the loan.RefiMax perm loan $76,000Closing costs $3,000Payoff $71,250Total $74,250So, you're within the max.