Keep and rent or sell primary home?

[Keegan Darby]

Hi BP - 

We're debating selling our primary home or renting it as we're moving to a new primary. 

We currently owe $222,000 on the property, our monthly PITI is $1,282 (a 2.375% interest rate)

It would rent for $2,000/month 

OR... we could sell it for $385,000. Our profit, assuming 7% realtor + title + closing fees would be $135,000 

We don't need the cash to buy our new primary home. The home is in a great (class A-), growing area. 

Would you sell or hold and rent?