Should I sell or continue to rent it out

[Ivo Draginov]

Looking for some feedback and what you guys will do in my situation. I bought a house in 2012 in Phoenix for $55k which I have rented out for 4 years now ($900 rental income). The house is now worth roughly 160k. I did a cash out refi 2 years ago and got 78k which I have been using for fix/flips. Since tenants vacated, I can sell the house for 160k and after commissions and mortgage pay off will net about 75k on it. Since I don't think the house will go up in value much more than it already has in the next 5-7 years, I was wondering what you guys think of weather I should sell it and use the proceeds to buy another rental property which will go up in value through forced appreciation or continue to rent it out. Renting brings in about $370 monthly after all payments. 

[Robert Lorenz]

Keep it and squeeze the equity out as needed, no reason to sell it IMO. Stick renters in (or tenant/buyers) ASAP and keep on cashflowing.

If it was renting for 900 four years ago, it should be marketable for 12-1300 today.