My return on equity calculations for your RB condo is returning a -23% a year, which in real estate is VERY bad. That is about 30% below what I can usually get in other places. This is also assuming a $2100 rent, which in truth may be lower.
So if you are thinking to use your RB condo as an investment, just realize that it is returning you -23% a year and a $350/mo. negative cash flow.
