Rent VS. Sell Calculator
Should I Sell or Rent Out My House?
Instructions
Welcome to our Rent vs. Sell Calculator, a valuable tool to help you make an informed decision regarding your property. This calculator is designed to provide you with a clear comparison between renting out your property and selling it. Whether you're a property investor or a homeowner, this calculator will assist you in making a sound choice that aligns with your financial goals.
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 | - | - | - | - | - | - | - | - | - |