I have an existing rental property that I was/am very close to wanting to sell this summer, do a 1031 Exchange, and get 3-4 other rentals that will have significantly more cash flow.

I understand that there's a range of thought - more cash flow vs more (hold for) appreciation.

With that said, I also know that usually (almost always?) the chance of long-term return is much higher with the appreciation method (assuming the property is in a nice location) - so I realize I am willing to hold it if that is the case with this property.

What I don't know is - how can I do an assessment or calculation (with assumptions of course) to compare whether one makes sense over the other?

I don't have a problem calculating properties for cash flow.  But to see whether the property is good for appreciation, what information is usually used to do any assessment or calculations - so I can compare and make a decision?

Any help (even personal opinions!) would be appreciated - my numbers for this property are here below:

• Market Value $320k; Zillow says the home value will stay the same for the next year though (it has tapered off in the last year)
• Remaining Principal: $110k
• 5BR, 3BA + Basement, 2500 sq ft
• Current Rent: $1950/mo
• Expenses: $1900/mo (5% vacancy rate, estimated expenses, $500 HOA, $4800 in property taxes, $1800 in insurance, $900 P&I included)
• Located in Suwanee, GA:
• Great Schools Rating: 9 (High School), 8 (Middle School), 10 (Elementary School)
• Niche Grade A+; Public Schools A+, Jobs A, Crime/Safety B, Cost of Living C+
• 24% Rent, 76% Own
• #2 Best Public Schools in Georgia
• #5 Best Place to Raise a Family in Georgia