Should we sell our rental now or wait a few years?

[Ben Hughes]

So I have had a rental property for a year now and it's cash flowing $400 a year. This is my only rental property to date. I'm really eager to get more reserves to get more properties. I have enough for 1, hopefully 2 rentals if I'm careful. I could probably sell the rental right now and pocket about 40k. Or I could wait 3-5 years and it will be paid off since I'm not spending the cash flow and pocket 100k-120k. I'm already leaning towards just being patient but just wanted to get a few other opinions from everyone on here too just incase there is a senerio I'm not seeing yet. Thanks in advance for your reply.