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Updated over 9 years ago,

User Stats

4
Posts
0
Votes
John Eckerman
  • Chino Hills, CA
0
Votes |
4
Posts

Should I sell?

John Eckerman
  • Chino Hills, CA
Posted

Home value is 170k

Original loan was $141,878 at 5.125% interest

Current Loan balance $130,117

Current mortgage $1,416

Rental income $1,275 and great tenant of 3 years

I think Im breaking even from the equity being put in, tax write offs and appreciate but not sure best way to look at that to make sure .

Does anyhow have advice on what I should do or look at?

I bought the house as a residence and moved out of state and when I did just rented it out.

Thank you and appreciate any advice.  

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