Sell my house or Rent it?

[John Hoover]

I’ll be moving in with my girlfriend soon and I’m looking for opinions on whether to rent or sell my house. I have rented it in the past but I am considering selling now. Here is some of the relevant information:

Estimated selling price: $190,000

Mortgage Balance: $74,000

If I sell now I won’t have to pay capital gains tax since I’ve lived in the house 2 out of the last 5 years. I did rent this property for 2 years. This was in 2019-2020.

Rent Price: $1,450

Mortgage, taxes, insurance: $850 ish once I lose my homestead exemption

Property Management fee : $120 ish

The house will have no problem renting.

I guess I’m just looking for opinions on what others would do in a similar situation. If I sold the house I would be investing the proceeds in the stock market most likely, not more real estate. I’ve looked at some Rent Vs Sell calculators online and they are a bit confusing to what is the best option. I understand this is maybe a personal preference question. 

Which option will make me the most money over the next 10 years let’s say? Assuming 8% return in the market.