[Calc Review] Help me analyze this deal

[Raquel Rigby]

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

This is our current residence and we are having a hard time deciding to sell it or keep it as a rental. Our issue is that the numbers for cash flow only works because of the low loan amount. We wouldn’t be able to cash out on any of the equity because then the cash flow would be negative. Do you think it would be better to sit on the equity for long term and wait this one out even though it has all the equity tied up or sell now? We would  need to use the equity to get into another house and maybe another investment property.

Right now, we are beginners and this would be our first property as a rental if we were to go that route.