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Should I Rent Out My Home or Sell It?

Renting out your home makes sense when the rent covers the full payment, upkeep and the months it may sit empty, and you are ready to be a landlord. Selling makes sense when the cash, and the time back, matter more. Put your own numbers into the calculator below and we will go through them with you.

Photo by Sean Foster on Unsplash

We do this for clients across Salt Lake City, Bountiful, Holladay, Draper, South Jordan and Sandy, Utah.

Rent or sell: your numbers.

Everything updates as you type, and nothing is sent from here.

If you rent it out
If you sell it

Rent or sell

Enter the monthly rent to start. Add your payment and costs, then a sale price, to see both sides.

How it works

What we do, step by step.

  1. Your goals first

    We start with what you want the money and the home to do for you: the next home, savings, income, or time.

  2. What the home could rent for

    We look at homes like yours that are renting now, so the rent in your plan is a real one.

  3. What it would sell for

    We study recent sales near you and prepare your home's value personally. No online guess.

  4. Both sides on one page

    Monthly rent against the payment, upkeep, HOA and empty months, beside what you would walk away with after selling.

  5. The questions to take further

    Tax, insurance and lending questions we flag for your tax professional, insurance agent and lender.

What you get.

  • A side-by-side of renting and selling from your own numbers
  • A home value prepared by an agent, not an algorithm
  • A seller net sheet you can change and keep
  • A straight answer, even when the answer is to wait

One honest caution

Renting out a home you lived in can change the tax on a later sale. The IRS home sale exclusion generally needs you to have owned and lived in the home for two of the five years before you sell. Ask a tax professional before you decide; we are not tax advisers.

The tools we use with you.

Questions, answered

Questions people ask.

Compare the monthly rent with everything the home costs you each month: the loan payment with tax and insurance, HOA dues, a set-aside for repairs and the months it may sit empty. Then set that beside what you would walk away with if you sold. The calculator on this page does both from your own numbers.

Next step

Go through your numbers with us

Tell us a little about your plans. An agent who does this every week replies to you personally.

Book a time

Go through your numbers with us

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Real Broker, LLC

Your next move starts here.

(801) 390-0545165 S Regent St, Salt Lake City, UT 84111