Even if you can rent for $800, $100K at 7% is $600/month, plus $200 HOA and $100 property tax, plus other costs can easily set you back at $200/month.[/quote]
You’re right, I did the math in my head too quickly. At the ripe old age of 37 I should be doing nothing in my head… I do however maintain that I think it would rent for $800. This is IMO and I’ve never investigated the rent in that complex.