how is this for a LO monthly rent?

Ok, I let’s say I buy a home and the PITI is going to be $650.

The market rent for the area is $950. I want to give a $100 rent credit.

Should I go $1050 rent then or higher since it is a LO?

Or $1050 rent, no credit, but only a 1% option fee?

Trying to figure out how to price rent on a LO based on market rent numbers.

thx