West Sacramento Duplex - flip & sale or rent out?

[Tabi Traughber]

Hi all!

My team and I bought a two-level duplex in December and renovated it.  We're contemplating on if the market is right to sell it or would it be better to rent it out?  This is what we are considering...

5 bedrm, 2 bath (1830 sq ft)

- 1st floor = 2 bedroom, 1 bath

- 2nd floor = 3 bedroom, 1 bath

Both have their own full kitchens, laundry rooms and private storage in the back yard.

Sell for $373,000?

Or...rent it out for the following?

- 2 bedrm = $1050/mo

-3 bedrm = $1300/mo (we would include a full-size W/D)

Your thoughts?

Thanks in advance!