Rent VS. Sell Calculator
Should You Rent Out or Sell Your Property? | Should I Sell or Rent Out My House?
Input values in the calculator below to get a quick read on the financial viability of renting or selling your house.
Note: The “Years to Hold” (whichever number of years you choose) is considered the year that the property would be sold. This raises the “Other Costs” in that year to show the client how much they would be paying to sell (selling costs, pay back depreciation, capital gains, etc.). Thus, the "Other Costs" increase significantly if a person were to sell their property in the chosen year.
Instructions
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- Complete the input boxes as described. Once all required inputs are complete, the Rent vs Sell calculator will automatically calculate your answer.
- Use the links when available to find the data requested if you don't already have that information.
- Select the ? Icon next to the input label to learn more about the requested data.
- 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.
Rent
Sell
| 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 | - | - | - | - | - | - | - | - | - |