Rent VS. Sell Calculator
Should I Sell or Rent Out My House?
Many homeowners that are moving away wrestle with the decision on whether to rent their home after they move or sell it. Often, this decision is made without any real financial clarity regarding the outcome of these opposing decisions. At Mesa Properties, we strive to be an educational resource for homeowners, landlords, and sellers alike. That's why we created this rent vs. sell calculator to help bring some financial clairty to your decision making process. And remember, whichever direction you decide to go, we are here to help facilitate the best possible outcome for you.
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 | - | - | - | - | - | - | - | - | - |