The basics:
Market Value:
Original Purchase price: $204K
Original Mortgage Amount: $160K
Interest Rate: 4.75%
Mortgage Term: 30 yrs
Term remaining: 29 yrs
Amount remaining on mortgage: Just under $160K
Gross Rents: Best guess would be about $1600/month, give or take $100
P&I + T&I = $1200
Deferred maintenance notes: Dunno. House is in pretty good shape, although a roof will be needed in the next few years.
I could probably sell the house right now for $265K, give or take $5k. If I did sell, I'd wait til I hit the 2 year mark so that I'd avoid the capital gains. When the 2 year mark is up, should I sell or rent it out?