If it costs 2k/mo just to insure, maintain, and pay taxes on your property, how is somebody renting something comparable for 3k? the landlords in your neighbor

If it costs 2k/mo just to insure, maintain, and pay taxes on your property, how is somebody renting something comparable for 3k? the landlords in your neighborhood are only taking 1000 a month to service their loans, their overhead, and then take profit? Sounds like a tough business