[jyl]

That's what BIL and SIL say, they are the ones local to the area and know the rental market. Makes sense to me, from what I know of the area. Gotta include management fees, insurance, repairs, depreciation. MIL remodeled and took care of the place like it was her own and had a cleaning service in weekly so the place is spotless and in perfect condition. Tenant won't do that . . .