Rent vs. Sell Calculator
Should You Rent Out Your Home or Sell It?
Moving, inheriting a home or holding a house that will not sell for what you want: sooner or later most owners face this choice. This calculator compares two paths side by side, selling today or renting the home out for a few years and selling later. Type in your numbers and press Calculate.
How to Read Your Results
Sell today. What you would walk away with now: the sale price, minus selling costs, minus what you still owe.
Rent, then sell later. The rental cash flow over the years you keep the home, plus what a sale would bring at the end if the value rises at the rate you entered.
Difference. A positive number favors renting first. A negative number favors selling now.
What the calculator leaves out. Income taxes, including capital gains rules that can change once a home has been a rental, and the amount of the mortgage you pay down along the way. It also assumes the home stays rented. Talk to a tax professional before you decide.
What makes renting work. A good resident, rent that arrives on time and a home that stays in shape. That is the part we handle. If you keep the home, the ROI calculator shows what it would earn, and the savings calculator shows what managing it yourself would cost in time. Thinking about nightly stays instead of a lease? Compare them with the long-term vs. short-term calculator.
Get a Free Rental Analysis
Not sure what your home would rent for? Request a free rental analysis and we will give you a number to work with.