Rent VS. Sell Calculator
Should You Rent Out or Sell Your Property?
Instructions
Use the calculator to compare renting versus selling your home and see which option makes more financial sense. Just enter your property and financial details, and you'll get an estimate of your potential earnings under both scenarios.
Note: The "Years to Hold" field lets you specify how long you plan to keep the property before selling. This is an important input—it determines the year of sale and automatically factors in the associated selling costs for that year. These "Other Costs" can include items like agent commissions, capital gains taxes, and depreciation recapture. Because of this, you'll likely notice a noticeable jump in expenses during that particular year if you choose to sell.
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 | - | - | - | - | - | - | - | - | - |
Terms and Conditions
This Rent Vs. Sell Calculator is provided by Lukeman Group. 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 Lukeman Group 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.