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Updated over 3 years ago,
Rent it out or sell it?
Hello, I have a vacant condo in kissimmee about 10 minutes from disneyworld. It's worth 200k and i owe 60k. 6 months ago i moved out, now i wonder if i should sell it or rent it out? The price increased from 150k to 200k in the last 6 months. I am just done remodeling it. I wonder if it is smater to sell now (that prices are high) or to rent it out. If i rent it out i could get $1600 for rent (minus $250 HOA, $ 220 interest, minutes $250 for repairs) and about $880 after all costs before tax. Is it worth keeping it out should i sell it. Thank you.