Townhome Real Estate Inner City Question

[Amit Lala]

Hey Bigger Pockets family,

I’m just curious on my primary residence. I’m planning on being in the house for another 5 years. It’s an inner city luxury townhome in Houston (midtown) that I purchased in 2016 for $475,000. I have a loan of about $350,000 left on it. I’m about 4 years, I’m hoping that I can get a minimum of $3,200 on this property and will barely cash flow once I calculate vacancy, cap ex etc. My dilemma is should I focus on building equity since I’m so close to downtown? We are the 4th largest city. Brandon always says always cash flow! I’m torn because if I sell I would pay 6% to the realtor and lose the chance to profit from long teen equity since it’s a gentrified neighborhood (recently) and I got in early. By the way, it is appraised at around $515k today. Just started analyzing deals and wanted to start with my own home. So should I sell? Should I hold? What are your thoughts?