For landlords
Rent it or sell it? Run the numbers in one minute.
Vacancy, repairs and rising costs add up. Compare your yearly rental profit with what you could walk away with if you sold.
Quick calculator
What the numbers mean
- Yearly rental profit = rent minus costs, repairs and vacancy
- Cash if you sell = value minus loan minus about 6% selling costs
- Return on that cash = yearly profit divided by your equity. Below 3 to 4%, many owners choose to sell and reinvest
- Taxes matter. Ask your CPA about capital gains and 1031 exchanges before deciding
Get a free rent-or-sell review
Send the address. I will check today's value and rent, and send you both numbers with a recommendation.
Zamir Nasrullah, licensed real estate agent (Lic. #0225279961), BNI Realty, 6575 Edsall Rd, Springfield, VA 22151, (703) 913-6100. Equal Housing Opportunity.