I bought my primary residence at the height of the 2021 COVID "low interest, high price" housing market. I am in the military and moving within the next year, so am uncertain whether I should sell my house or rent it out. Thoughts?
Upsides - low fixed interest rate, don't need cap gains $$ for next down payment
Downsides - not sure how much higher home valuation will go considering cooling market, significant improvement / maintenance costs coming up, may have neg profit margin if I sell now, rental cash flow may break even (or marginally positive)
Purchase price - $445,000 (put 15% down, 2.75% interest rate)
Improvements - $10,000 (+ needs new roof and A/C system within next couple years)
Estimated sale price today - ~$500,000
Estimated rental price today - $2,700/month
