If you RENT OUT your property, you'll have $59,142 more wealth in 10 years
Wealth Over Time
Wealth Difference
| Year | Wealth (Rent Out) | Wealth (Sell Now) | Difference in Wealth |
|---|
Investment Analysis
| Year | Rental Income | Mortgage Expense | Other Costs | Net Cash Flow | House Value | House Equity | Wealth (Rent Out) | Wealth (Sell Now) | Difference in Wealth |
|---|
Disclaimer: This data is provided for informational purposes only and should not be relied upon as a guarantee of any future result. Consult a qualified professional before making any financial decisions. A positive difference in projected wealth does not necessarily indicate positive monthly cash flow. It reflects long-term equity growth, appreciation, and other factors that may not translate into immediate income or liquidity.
- Rental Income: Expected rental income after vacancy adjustments
- Mortgage Expense: Total mortgage payments for the year
- Other Costs: Includes maintenance, management fees, taxes, and other expenses
- Net Cash Flow: Rental income minus all expenses
- House Value: Current estimated value of the property
- House Equity: House value minus remaining mortgage balance
- Wealth (Rent Out): Total wealth if you continue renting the property
- Wealth (Sell Now): Total wealth if you sell the property now
- Difference in Wealth: How much more (or less) you'd have by renting vs selling
Note: In the final year, selling costs are applied to the "Rent Out" scenario, assuming you would sell the property at that point.
