Your figure for depreciation on furniture is low.
If your bank contract does not require you to inform the bank the property has changed from PPR then do not say anything to them. Banks are going after investors currently. Here on AAM (and in my own case) people are battling banks who are changing the interest rates to much more punitive rates and this will continue. They are not allowed go after homeowners so are focusing on investors.
If you can afford capital and interest then by all means do so. Before you move could you renegotiate your mortgage to a longer term to bring down the payments.
Or if you have a very secure job can you see if the bank will let you sell and keep the 100K negative equity as a loan at the current mortgage rates.
Be aware that being a landlord is not for everybody.
If your bank contract does not require you to inform the bank the property has changed from PPR then do not say anything to them. Banks are going after investors currently. Here on AAM (and in my own case) people are battling banks who are changing the interest rates to much more punitive rates and this will continue. They are not allowed go after homeowners so are focusing on investors.
If you can afford capital and interest then by all means do so. Before you move could you renegotiate your mortgage to a longer term to bring down the payments.
Or if you have a very secure job can you see if the bank will let you sell and keep the 100K negative equity as a loan at the current mortgage rates.
Be aware that being a landlord is not for everybody.