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Rent It or Sell It?

Moving, inherited a house, or just not sure?

Selling gives you one check. Renting keeps paying you, in four ways most owners only half count. Put in your numbers to see both, side by side, for as many years as you like.

The four ways a rental makes you money

1. Cash flow

What is left of the rent after every bill, including the whole mortgage payment. Money in your pocket.

2. Tax savings

Depreciation lets you deduct part of the building's cost every year, even while it grows in value.

3. Appreciation

Homes have gone up in value over the long run. Each year you hold it, that growth is yours.

4. Loan paydown

Cash flow counts the whole mortgage payment as a bill. But the principal part is not spent: it lowers your loan, and you get it back as equity when you sell. Your tenant is buying the house for you.

The home today

Not sure? Use a recent sale of a similar home nearby.
Inherited it? Use its value on the day you inherited it, and ask your tax professional.
Leave out taxes and insurance here, even if your lender collects them. They go below.

If you rent it

Not sure? Get an Instant Rent Estimate (opens in a new tab).
How many rental units would Eclipse manage for you?

If you sell it

Growth and tax assumptions

These are about the economy and the tax code, not your house, so we filled them in from public data (sources are at the bottom of the page). Most owners can leave them alone.

Colorado's flat income tax rate is 4.4%, as of November 2026.
The land share is on your county Notice of Valuation (land versus improvements). Land cannot be depreciated.

Rent it, sell in year 15

 

Sell now and invest the money

 

 

    Math on your numbers, not advice. Taxes can change the answer; see "Taxes can change this" below.

    Email me this report

    Your money over time

    Slide, or tap the chart, to pick a year. Both sliders move together.
    • Rent it, then sell (what you would walk away with that year)
    • Sell now and invest the money

    Your equity today, if you sell

    What you think you have, and what you would actually walk away with.

    Renting: where the money comes from

     

    Your first year, month by month

    A typical month in year 1, with Eclipse managing it.

    The day the mortgage is paid off

    Show every year as a table
    YearRent a monthCash flow that yearTax savingsLoan balanceHome valueRent it: walk away withSell now: invested

    The bottom line after 15 years

     

    Rent it, then sell Ahead
    vs
    Sell now and invest the money Ahead

    On your numbers. Change any of them above and this updates.

    Email me this report

    Get this report by email

    We will email you these numbers with the charts and every year laid out, so you can look them over, share them, or bring them to your tax professional.

    No obligation. You can also call us at 719.581.RENT and we will go over your numbers with you.

    We email the report to you, usually within a few minutes.

    Taxes can change this

    Talk to a tax professional before you decide. Eclipse is a property management company, not a tax advisor. These are the rules that matter most, in plain words:

    • Selling a home you lived in. If you owned it and lived in it for at least 2 of the last 5 years, you may not owe tax on up to $250,000 of the gain, or $500,000 for a married couple filing jointly (IRS Publication 523). Rent it out long enough that you no longer pass that 2-of-5-year test, and that break can go away. This calculator assumes no tax when you sell today.
    • Depreciation. The building part of a rental, not the land, is depreciated over 27.5 years (IRS Publication 527). For a home you lived in first, it starts from the lower of what you paid (plus improvements) or its value on the day it became a rental.
    • Recapture. When you sell a rental, the depreciation you took is taxed, at no more than 25% federal (IRS Tax Topic 409). The calculator estimates that and subtracts it.
    • Rental losses. If your income is over $100,000, a loss on a rental may not lower your taxes right away (IRS Publication 925). It carries forward to later years.
    • Not included: capital gains tax on the growth in value when you sell a rental later, and taxes on what the sale money earns if you invest it.

    Leaning toward renting it?

    Get a free rental analysis. We will look at your home, tell you what it should rent for, and what it needs first. No obligation.

    Get a Free Rental Analysis

    Or book a short call to talk it through

    Leaning toward selling it?

    Eclipse focuses on property management. If selling is right for you, call 719.581.RENT or email info@renteclipse.com and we will point you to a trusted local agent.

    How we figure it

    • Sell now: the sale price minus the mortgage payoff, the agent commission, other closing costs and any fix-up. That money grows at the yearly return you enter.
    • Rent it: each year's rent (less the weeks it sits empty each time a tenant moves out), minus Eclipse's fees, the mortgage payment, property taxes, insurance, HOA dues and upkeep, plus the tax savings from depreciation. That cash is assumed to grow at the same yearly return as the sale money, so both sides are treated alike. In the year you compare, the home is sold at its grown value, minus the same selling costs, the loan balance left and an estimate of depreciation recapture tax.
    • Eclipse fees come from our published pricing: on the Landlord plan (1 to 4 units), 12% of the rent collected with a $157 monthly minimum (charged while it is empty, too), $497 for each new lease, $397 for each renewal and $297 one-time setup; on the Investor plan (5 or more units), 9.6% of the rent collected with a $127 monthly minimum (charged while it is empty, too), $297 for each new lease, $97 for each renewal and $147 one-time setup. See PM Pricing.
    • The yearly return on renting is the internal rate of return on the money you would leave in the house: what you would walk away with by selling today, counted as money you put in.

    Where the starting numbers come from

    • Home value growth, 4% a year: Grand Junction area home prices rose about 4.2% a year over the 20 years through mid-2026, and Alamosa County about 4.1% a year over the 20 years through 2025 (FHFA House Price Index). The last 10 years were faster, but included the unusual 2020 to 2022 run.
    • Rent growth, 3.5% a year: the U.S. rent index rose about 3.5% a year over the 20 years through 2025 (Bureau of Labor Statistics, Consumer Price Index, rent of primary residence).
    • Years a tenant stays, 3: about one in four U.S. renters moved in within the last year, and about a third have stayed five years or more (Redfin, 2023 Census data). Houses tend to keep tenants longer than large apartment buildings.
    • Weeks empty between tenants, 2: counted only in the years a tenant changes, including year 1 while the first tenant is found. Change it if your home will take longer to rent.
    • Agent commission, 5.5%: 2025 and 2026 surveys put the average total paid by U.S. sellers at about 5.4% to 5.5% (Clever Real Estate). It is negotiable.
    • Other closing costs, 1%: in Colorado the seller usually pays for the title insurance policy the buyer receives, plus part of the closing fees. Your title company can give you the real number.
    • Upkeep, 1% of value a year: a common rule of thumb for home repairs. Older homes often need more.
    • Colorado tax rate, 4.4%: the flat rate for tax year 2026, as of November 2026 (Colorado Department of Revenue).
    • Return on the sale money, 7%: a common long-run planning number for a stock index fund. It is not a promise; change it to whatever you expect.

    This calculator is for comparing choices. It is not tax, legal or investment advice, and it does not predict what your home will sell or rent for. The values you enter are your own estimates, not an appraisal.