Rent VS. Sell Calculator

Instructions

Does it make more financial sense to rent out your property or sell it? Our Rent vs. Sell Calculator helps you compare both options side by side, allowing you to make an informed decision based on your goals.

By entering a few key details, you’ll receive a clear snapshot of how renting or selling could impact your long-term wealth, helping you weigh cash flow, equity growth, and potential selling costs over time.

How the Calculator Works:

1. Enter your property and mortgage details in the fields provided.
2. Once all required inputs are completed, the calculator will automatically generate your results.
3. Use the “?” icons next to each field for guidance on what information is needed.
4. Helpful links are included when available to assist with estimating values.
5. You can refresh the calculator at any time to reset advanced inputs to default values.

Note on “Years to Hold”: this selection represents the year in which the property would be sold. In that year, the calculator factors in estimated selling-related costs such as selling expenses, depreciation recapture, and potential capital gains under “Other Costs.” Due to this, you may see a noticeable increase in costs during the selected sale year, giving you a more realistic picture of what selling could look like financially.

Understanding Your Results

Your results will show a comparison of estimated wealth over time if you choose to rent out the property vs. selling now. This included projected rental income, mortgage expenses, equity growth, and estimated costs, so you can see how each path may impact your financial position.

This calculator is a helpful planning tool, designed to support thoughtful planning and decision-making. While it provides valuable estimates, every situation is unique. If you’d like help reviewing your results or discussing how renting or selling fits into your long-term goals, our team is happy to help.