You likely have a good interest rate based on purchase date, and you have a property tax basis that stays low if the market ever recovers.

Branson area STR's are experiencing great cap rates and returns for our investors in Stone and Taney County. 

It's a 12 year term with a 4.75% interest rate with $175,000 down. 

We have a set limit that we have for credit ratings.

Refinancing, even at 6% would drop my monthly net to around $7,100.

Hey @Christina Galdieri, I am a bit confused on your question but in general: If your asset is sold after 12 months from buying it, those gains are considered long term capital gains and taxed at a reduced rate. 

Did you notice what the ratings were of all of those corps before they started down the path to doom? 

In terms of crime rates?

We are looking into purchasing our first mid-term rental about 5mins from a hospital but the crime rate according to neighborhoodscout.com is 32 per 1000 residents which is relatively high in Massachusetts.

When should I drop the price?