Should I sell?

[John Eckerman]

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.  

[Joe Villeneuve]

Sell. This is a rental property. The bottom line isn't your tenant, it's your cashflow...which is negative.  Sell now and it's a one time loss. Hold on and that loss occurs every month