Rent VS. Sell Calculator
Should I Sell or Rent Out My House?
Input values in the calculator on the left 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
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 | - | - | - | - | - | - | - | - | - |
Disclaimer: Grace Management makes no representations to the accuracy of this information and it should not be takes as legal advice. It is shared as informational only and it is up to the user to use this information responsibly. We recommend the user seek legal advice before relying on any information herein.
All content expresses the views of the author as of the date indicated and such views are subject to change without notice. We have no duty or obligation to update the information contained herein. All information is being made available for educational and entertainment purposes only and should not be used for any other purpose.
We believe the information contained is reliable, however we cannot guarantee the accuracy of such information and we have not independently verified the accuracy or completeness of any information given. This information may not be copied or used in whole or in part, in any form without prior written consent.
