sure
Value is 205K roughly, mortgage is 180K
i am getting 1050 in rent at the moment, net rent after tax is about 850. Mortgage is 1200 a month and interest rate is 4.4% at the moment. We got the monthly repayment amount reduced last year by our bank by 300 eur less a month but term was increased to 19 years left on mortgage.
From looking at the market now I think we could easily get 1200/1250 in rent a month if we decided to keep renting it but then there is letting costs, yearly management fee, cleaning and ongoing manitenance.
At the same time you hear that it is a good time to sell and to be honest having a net 20K in the bank after selling and paying off the mortage is tempting also if that actually could happen. However while impossible to know if we kept it on for another year the property prices might kep going up. .
Any advice or thoughts would be great as really don't know what to do. Thanks