Should I Keep Or Sale for $40K profit

[Conte Cuttino]

Hello, 

This property reno budget got out of hand but was appraised for more then expected at 191K. Home is not in a desirable location but good block so still waiting for desired rent which my property management say is high. Also my caged in AC condenser has just been stolen SMH! Feeling like that's a sign to sell on top of the low coc return. I'm thinking about reinvesting the proceeds into a better location but hate the taxes I will pay on the sale. Id like to get your thoughts on the report and my options.

Here are my options

Hold: leave 40K in the deal at 6.9% CoC Return IF I get projected rent

Sell: $41K+ profit, eat the taxes and go into better neighborhood

Should I keep or sale BP community  

View report

*This link comes directly from our calculators, based on information input by the member who posted.