Keep my home and rent or sale it

[Raj Acha]

Hi guys,

I am a new member here 

This is my situation:

I bought the home for 300k and current market value is 370k.

Based on current market value i have 200k equity on this home.

I live next to big university and homes around here doesn't stay vacant at all and we rent it to Masters or PHD students.

I can get 2400/month rent and I will be managing the property. (Will have 600 cashflow/month) (Never been landloard myself)

We have 10% down for our next home and we will be able to get/save 10% in next 2 years and remove pmi.

In this situation, would you guys suggest to keep the home and rent it or just sale it?

Let me know if you need any further information.

Thank you,

-Raj