Rent or Sell

[Jackson Cook]

I have 150k worth of equity on a 4.75% loan. Mortgage is $920/m and projected rent around 2k/m.

[Denise Supplee]

That’s a pretty solid setup to hold. A 4.75% loan with rent around $2k leaves a lot of room each month, and that kind of leverage is hard to replace today. Unless you’ve got a much better use for the equity, renting it out looks like the easy win here.