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Real Estate Deal Analysis & Advice
HomeForumsReal Estate Deal Analysis & AdviceShould I sell my rental property
Will Yang's profile image
Will Yang's profile image
Will Yang
  • from Austin, Texas
  • Member since Mar 29, 2017
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Will Yang's profile image
Will Yang's profile image
Will Yang
  • from Austin, Texas
  • Member since Mar 29, 2017
Connect
Will Yang
  • Austin, TX
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4
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Real Estate Deal Analysis & Advice

Should I sell my rental property

Will Yang
  • Austin, TX
Posted Mar 29 2017, 17:24

I have a rental property and the tenant is moving out soon. I am trying to decide if it is better to sell it right now since the price has gone up.

Monthly Rent: $1600

HOA: $313/month

Taxes: $4180

Potential Sale Price: $276000

Not even accounting for maintenance this seems to be just 4% returns. Do you think it is better to just sell?

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