Advice mortgage payoff home rental
Advice or Perspective appreciated
I have a 30 yr old 3B 2 br home. Monthly $1100, rent $1500, $61000 mortgage left, 4% rate, good renter for the past 3 years, bought for $175, north Kansas City mature neighborhood. Property mgr suggests I sell estimates maybe for 234 K. invested $30k in internal and external repairs. Left KC temporarily for a job. Uncertain if I’ll return but I like the house. Debating on whether to sell or payoff the mortgage (can do it) not sure if selling will be sufficient to buy another income property Thoughts?