Should I sell or rent?
My husband and I bought a 1800 Sq Ft fixer upper home in 2021 at 3.2% interest. We did a lot of the renovations ourselves and it looks like a completely different house. Our remaining mortgage is 110k. There are quite a few rentals in our area roughly going for $1800-2200. My husband and I do not want to live in this home forever. We aren’t really neighborhood people and want to live somewhere more private.
Our mortgage is $865. If we sell, we could sell for around 300k, netting around 175k profit. Or we could get a property manager, rent out for $1900 and make, after (assuming 10% property fee and mortgage) a $845 profit each month, which I would save $200-$300 a month of that for any potential issues.
What makes sense in our case? Selling or holding onto the house?
Posted Sep 14, 2025, 1:51 PM UTC