Rent VS. Sell Calculator
Should I Sell or Rent Out My House?
Instructions
With our Rent vs Sell Calculator, you can assess the profitability and risks associated with renting or selling a property. It takes into account various factors, including home value, price paid, mortgage information, and interest rate. This thorough analysis allows you to evaluate different scenarios, forecast long-term financial implications, and strategically plan your property management approach. Click on the button below to show or hide additional instructions.
1. Complete the input boxes as described. Once all required inputs are complete, the Rent vs Sell calculator will automatically calculate your answer.
2. Use the links when available to find the data requested if you don't already have that information.
3. Select the ? Icon next to the input label to learn more about the requested data.
4. Refresh the model to return all advanced inputs to default amounts.
Results
If you RENT your property, you'll have $21,355 more wealth in 5 years verses selling your property today.
| Year | Rental Income | Mortgage Expense | Other Costs | Net Cash Flow | House Value | House Equity | Wealth (Rent Out) | Wealth (Sell Now) |
Difference in Wealth (Rent Out to Sell Now) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | - | - | - | - | - | - | - | - | - |