My fiancee just got a new job offer out of town and we are debating on how much we should rent it out for. We bought the house Jan 07' and its a great house. I thought I would get on here to get some opinions on what we should rent the house for.
Location - Northcrest
SQFT - 1740.00 sqft living area - garage is closed in and sqft added to total
Rooms - 3 bedroom / 2 bathroom
Lot size - 3/4 acre
School: Vickers Elementry School
Bonuses - Laundry room has its own area and a door to seperate it from the new living room that was the garage. Water well that will save mega money on watering the yard. Hard wood floors / new tile in kitchen, 1 bed room has carpet (we were in the process of doing all rooms little by little), a dog pin in the back that is chain link fenced and nice size (animals are welcome outside only). Nice size shop in the back yard.
Now with electricity we have Victoria Electric COOP and I have not had a bill over $150 and my last bill from July was $130. I have learned to turn the temp up to 77 while we are at work and close all doors and the bill has changed from $150 down to $130 - $135.
Ok now if you had a house like this, What would you rent it out for?
Thanks Everyone
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scorpio - thanks for your reply, i was thinking just to rent it for $1,000 and $1,200 deposit instead of $1,200 rent and $1,200 deposit. The house is 2 streets away from Vickers school and the neighbors are wonderful people. To be honest our neighbors are retired except one and good thing if you have children is she has a home daycare. The house isnt in wonderful condition but in nice condition, what can you say for a house that was built in the late 60's. I mean its still standing and our inspector we had when we bought the house said the house has good bones and will stand forever. we need to fill in some gaps in the grout around some bricks and re-seal the house but otherwise its a cute house. another thing i forgot to mention is the house just got new storm windows about 5-8 years ago.
August 11, 2008 at 9:57 a.m.rg201508 - I wish I could help you out for real but if we take $650 a month we would have to pay the remainder of $350 just to make the house payment. We are just wanting to rent it for how much we pay just so we are not paying 1 house payment and rent in our new location.
I would hate to sell this house if we cant find good renters but we will have to do what he have to do.
again thanks for your replies. :)
OMFG!!!!!!!! would you rent it out for 650? Please say yes, as I'm trying to move my parents and i out of our apartment complex
August 8, 2008 at 8:48 p.m.PS
is it possible to have a cat INSIDE? I can promise you ours clean and uses his litter box.