What is the best way to calculate what I should charge to new tenants?

Do a quick calculation, but if there are condo fees for your condo/townhouse figure out the costs for a house that costs more.  

Biggerpockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

There are calculators available here at Bigger Pockets that will help you with your decision and strategy.https://www.biggerpockets.com/...

If you think your analysis is off try run it through the Bigger Pockets rental calculator and compare it to your model.

.), feel free to use them: https://www.biggerpockets.com/investment-calculators 7.

Regarding a lender, they will want to know all of your outstanding debt obligations to calculate DTI ratio

View report*This link comes directly from our calculators, based on information input by the member who posted Would you do this deal?  

The old one according to my conservative calculation would provide you $14,000 of income.$2400 income a month$600 mortgage payment a month (including taxes and insurance in escrow account)$240 (10% of income) for management fees$200 HOA$100 Repairs$100 CAPXTotal 1160 a month = roughly 14k a year.With All this money why don't you use this and your W-2 to repair and live in the newly bought house and update it along the way.

View report*This link comes directly from our calculators, based on information input by the member who posted.Is this a good deal to invest in?