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Sell vs. Keep

Should you sell - or keep it and build wealth?

Your current home

We'll compare cashing out vs. keeping it as an income property.

Today's home value$920,000
Mortgage still owing$410,000
Equity today: $510,000
Rent it could earn$3,100 /mo
What a tenant would pay each month.
Mortgage rate4.79%
Yrs left on mortgage22 yr
Yrs left: 22
Outlook10 yr
Appreciation3.5%/yr
If invested6%/yr
Our recommendation
Keep & invest
Both paths work - it's about your goals
Cash if you sell$464,000
Rental cash flow$-919/mo
Keep · 10yr net$896,213
Sell · 10yr net$830,953
Principal-residence sale is tax-free

Sell & move up

Cash out tax-free and roll your equity into a bigger home - locking in today's price before it climbs.

Tax-free cash freed$464,000
Buys you a home up to$2,320,000
Net worth in 10 yrs$830,953
Recommended

Keep & rent it out

Convert it to an income property, buy your next home, and let tenants pay down a second asset.

Monthly cash flow$-919/mo
Asset value in 10 yrs$1,297,751
Net worth in 10 yrs$896,213
Projected net worth in 10 years
Keep & rent it out$896,213
Sell & invest the cash$830,953
Keeping & renting could leave you $65,259 richer - and you'd own two properties.
Get expert eyes

Want a second opinion on these numbers?

A local Homees agent can walk you through what this means for your next move.

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Assumes principal-residence sale (tax-free); converting to a rental triggers a deemed disposition - future gains become taxable. Rental modelled with 1% tax, 0.8% maintenance, 4% vacancy. Guidance only - confirm with an accountant.

Keep going

Your next 3 moves
Home Value Check

Get a data-informed estimate first.

Open
Deal Analyzer

Underwrite the rental scenario.

Open
FSBO vs. Agent

If selling - compare your options.

Open