Sell or rent investment property?

[Tecsia Evans]

I have a new construction home that my husband and I built in 2020. We are trying to decide if we should sell or rent. If we sell after living in it for 2 years we would make about a $800k return ($400k of this amount would be profit). If we rent both the main house and ADU we would profit $24k a year (after you minus all fees related to renting). The property is in a high demand area in Oakland. Selling it would yield a great return now but we don't know if taking this route would be worth missing out on a great passive income stream for the future. Would appreciate any advice from those who have had to make a decision like this, thank you!

[Tecsia Evans]

Thank you very much @Bill for breaking that down. I had not factored that in, so the information you provided is super helpful! Thanks again.