So being conservative we would say you gain $46k in equity ($1.15m times 4%) plus cash flow (which I would argue is basically nothing after vacancy, repairs, capex) plus principle portion of debt pay down (you’ll have to look at your statements and figure this out).

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

It appraised for 115k more than I bought it for so already have six figures in equity - will increase outdoor parking and raise rents over time.

If you gain $50,000 in equity you could leverage that upwards in further investments.

I grew up going to a camp there every summer.Boise has a lot to offer in terms of rental market, especially in equity growth.

The property negative cash flows 400 dollars a month (not counting unexpected repairs), but I gain about $15K in equity each year paying down the mortgage. 

Some worked out and some didn't be a friend and I  invested about 100k toal in equity and 60k in debt (mostly to fund rehabs)  The rehabs were more expensive then we expected but that was mostly driven by a few vacant properties we bought.  

This often only works with large properties where you are raising north of $1mm in equity, otherwise the legal fees eat up too much of the overall deal to make it worthwhile for anyone.  

For example, you may build a house that costs $1 million to build, but once it is finished is immediately valued at $1.3 million, so you created 300k in equity out of thin air which you can use to borrow against.

$30k in equity and 100% cash flow besides taxes and insurance.