Rent Vs Sell Calculator

This calculator helps you decide whether to rent out or sell your property by comparing the net financial outcomes after a given time horizon.

1. Enter your property details:
   • Property Value – Current market value of the home (in dollars).
   • Mortgage Balance – Remaining loan amount (enter 0 if paid off).
2. Enter rental income & expenses:
   • Monthly Rent – Expected rent you’d charge (positive number).
   • Monthly Expenses – Ongoing costs like maintenance, insurance, property management (0 if none).
3. Enter selling & investment assumptions:
   • Selling Costs (%) – Typical realtor fees and closing costs (e.g., 6%).
   • Investment Return (%) – Expected annual return if you invested the sale proceeds instead (e.g., 7%).
4. Enter time horizon & appreciation:
   • Time Horizon (years) – How long you plan to hold the property if renting.
   • Annual Appreciation (%) – Expected yearly increase in property value (e.g., 3%).
5. Click Calculate. The results show:
   • Sell Proceeds – Net cash from selling today (after mortgage & costs).
   • Rent Net Worth – Your total wealth after the time horizon if you rent (includes future property value, net rent income, minus missed investment growth on your equity).
6. Read the recommendation – it tells you which option yields a higher net worth.

All monetary values are in US dollars. Percentages must be between 0 and 100. Time horizon must be a whole number of years.