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FIRST ANSWER
HIi Cw,
If you are trying to figure out what your home will rent for, it is more complicated than an average. It depends on location, subdivision, schools, and then of course size and quality of home. Homes under $250k generally rent pretty quickly as long as they are maintained. When you try to rent a home for more than $2000 per month, you have decreased your market substantially so many people are taking less than their mortgage just to get some money coming in so they can move on. This has decreased the average rent factor. We would need to look at it just like we "comp" a house and see what like homes are renting for in the area.
Let me know if we can be of assistance.
Call anytime!
Sherry Ajluni
Sherry and Maria Team
Sherrry- 678-283-1710
http://www.sherryandmariateam.com
Tue Jun 2 2009, 12:34