In a year, or two I will be looking into moving into a new house. My first thoughts were to sell my current home, but after a convo the other night with one of my co-workers mentioning his family flipping houses in such got me thinking about renting my place out. He thought that I could possibly charge $1400-$1500 for rent each month. Now, a profit of $400 a month peaked my interest so, I wanted to get a few more opinions on the matter.
I found this Villa which was very comparable to the Townhome im currently living in and its sitting at $1250 a month for rent.
Below I am going to detail the information for the Villa property and my property, so that you can compare how much my Home may be worth per month in comparison to the Villa. If you can, please consider the $1250 a month for this Villa is a normal going price for a renter in my area.
So, if $1250 a month gets you this :
3 BR/2BA, 2 car garage, screened lanai, club house with a gym and swimming pool, two additional pools in the community. Free lawn and landscaping services. 1600 sq. ft. of living space. Small pets under 20 lbs. allowed.
How much do you think this will be valued at:
3 BR, 2.5 BA, 1 Car Garage, 1800 sqft of living space. Screen Lanai, 2 community pools, a play ground, a dog park, free lawn, landscaping, water, basic cable, valet trash pick up 5 days a week, gated community, with 24/7 roving security guards. Pets of any size allow.
Both spots have granite countertops and stainless steel appliances.
I found this Villa which was very comparable to the Townhome im currently living in and its sitting at $1250 a month for rent.
Below I am going to detail the information for the Villa property and my property, so that you can compare how much my Home may be worth per month in comparison to the Villa. If you can, please consider the $1250 a month for this Villa is a normal going price for a renter in my area.
So, if $1250 a month gets you this :
3 BR/2BA, 2 car garage, screened lanai, club house with a gym and swimming pool, two additional pools in the community. Free lawn and landscaping services. 1600 sq. ft. of living space. Small pets under 20 lbs. allowed.
How much do you think this will be valued at:
3 BR, 2.5 BA, 1 Car Garage, 1800 sqft of living space. Screen Lanai, 2 community pools, a play ground, a dog park, free lawn, landscaping, water, basic cable, valet trash pick up 5 days a week, gated community, with 24/7 roving security guards. Pets of any size allow.
Both spots have granite countertops and stainless steel appliances.