I have 15 year mortgage on a condo outside of NYC that I rent out for $2300. Mortgage + property taxes + HOA fee comes out to be $3028.
I closed on a new property that I share with my fiancé. Mortgage and property taxes on the new place is $4750.
Does it make sense to keep renting out my condo or sell as soon as the tenant’s lease is over?
My total comp is around 250k.
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source https://www.reddit.com/r/RealEstate/comments/17tl6qw/does_it_make_sense_to_sell_or_continue_renting_out/
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