Rent vs sell
Already own a home? Decide whether to sell now or convert it to a rental. Compares net proceeds invested vs. holding the property and renting it out.
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Recommendation after 10 years
Rent it out
Edge of $176,421 versus the alternative.
If you sell now
$470,500
Invested @ $842,594 after 10 yrs
If you rent it out
$1,019,015
$700/mo cash flow now