But if you'd rather take the equity and reinvest in something with better returns or less hassle, selling might be the better move.

It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided

will you have a net positive return vs selling it as a 4 unit? 

Make the highest return you can and then figure out how to maximize tax savings. 

It might not be the greatest return ever, but it would allow for some revenue to come in when it is vacant.Thanks for your input!

All I'm looking for is return on my investment. 

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

It can be returned by a search and the cached copy of what you wrote is visible to anyone. 

The returns are not as good with this strategy.

For rentals, focus on cash flow and metrics like cap rate (target 8%-10%) or cash-on-cash return.