Rent VS. Sell Calculator
Should I Sell or Rent Out My House?
Instructions
Use the calculator on the left to explore whether renting or selling your home is the better financial move. Simply enter your property and financial details to receive an estimate of your potential earnings through both scenarios.
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" field allows you to project how long you might keep the property before selling. This input is important—it calculates the year the property would be sold and automatically includes associated selling expenses in that year. These “Other Costs” may include things like agent commissions, capital gains taxes, and depreciation recapture. As a result, expect to see a noticeable spike in expenses for that year if you choose to sell.