Rent out my property or sell it?

[Victor Bradford]

Hey guy! This is my first post so bare with me as I am new to this. So I have a property in Delray Beach Florida that my wife and I currently live at. We live exactly one mile from the beach, trader Joe's and a bunch of other stores in the surrounding area, gym, Michael's, new whole foods ECT that we can walk too... We only owe $135k our Morgage is $1350 including $125 HOA. We are moving to Minnesota and we have two options... Sell for $335k and get around $190k net profit and use that to invest in MN (house hack a duplex, buy another single fam,Reno and rent out) or refinance it get $75 and use that to invest in MN and rent out my place in Florida...rent in my neighborhood is going for $2250 maybe I'm doing the formula wrong but the cap rate seems low...maybe $700 a month extra after expenses. Any tips?