SELL NOW OR RENT IT OUT · ON YOUR OWN NUMBERS

Two paths, priced the same way.

Every rent, vacancy, management, and appreciation figure below is an example you change to your own. Nothing here is a market rent quote or a market prediction: those numbers are not published anywhere on this site because no sourced Denver figure for them exists yet.

THE HOUSE

TODAY’S ESTIMATED VALUEMORTGAGE PAYOFF, IF ANYPAYOFF AT THE END OF THE HOLD · YOUR OWN ESTIMATE, DEFAULTS TO NO PAYDOWN

IF YOU RENT IT · YOUR OWN ESTIMATE

MONTHLY RENT · YOUR ESTIMATE, NOT A MARKET QUOTEVACANCY, % OF THE YEAR · EXAMPLEPROPERTY MANAGEMENT, % OF COLLECTED RENT · 0 IF SELF-MANAGEDMAINTENANCE RESERVE, % OF VALUE PER YEAR · EXAMPLEMONTHLY MORTGAGE PAYMENT, PRINCIPAL AND INTERESTMONTHLY PROPERTY TAXMONTHLY INSURANCEMONTHLY HOA

OVER TIME

YEARS YOU’D HOLD IT AS A RENTALANNUAL APPRECIATION, % · YOUR OWN ASSUMPTION, NOT A MARKET PREDICTION

SELLING COSTS · EXAMPLE, SAME AS THE NET SHEET TOOL

CLOSING COSTS, % OF PRICELISTING AGENT, % OF PRICEBUYER AGENT, % OF PRICE

ON THESE NUMBERS, RENTING IT OUT COMES OUT AHEAD

SELL NOW$475,000Open-market listing, today, after payoff and selling costs.

RENT IT OUT, 5 YEARS$558,480$83,480 net cash flow, plus $475,000 selling later.

Monthly rent collected, after vacancy: $2,208
Every monthly cost (mortgage, tax, insurance, dues, management, maintenance): $817
Monthly net cash flow: $1,391
Home value if it grows at your own rate for 5 years: $500,000

+$83,480 DIFFERENCE, RENTING VS. SELLING NOW, ON THESE NUMBERS