Rent VS. Sell Calculator
Should I Sell or Rent Out My House?
Instructions
Input values in the calculator on the left to get a quick read on the financial viability of renting or selling your house.
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 | - | - | - | - | - | - | - | - | - |
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.
Terms and Conditions
This Rent Vs. Sell Calculator is provided by Select Property Management. By using the Rent Vs. Sell Calculator and clicking the “Calculate” button, you agree that the information and estimates provided are for general information purposes and provided “as-is” without warranties of any kind, expressed or implied, including without limitation the warranties that it is free of defects, errors, viruses, merchantable and that it is fit for a particular purpose. Your usage of the Rent Vs. Sell Calculator is at your own risk. Under no circumstances shall Select Property Management be liable for direct, indirect, incidental, special, or consequential damages, resulting from any aspect of your use of the Rent Vs. Sell Calculator including but not limited to damages that arise from your inability to use the Rent Vs. Sell Calculator or the interruption, modification, or termination of the Rent Vs. Sell Calculator or any part thereof.