Purchased second home in 2008 for $325,000 invested $35000 in improvements.
House now worth $300,000.
Want to make a keep or sell decision.
Keep: Value increases at 1.5% After six years house possibly worth $327,000.
Sell: Invest $300,000 with at least 4% return after six years investment worth $379,595.
Is my reasoning correct what am I missing.
House now worth $300,000.
Want to make a keep or sell decision.
Keep: Value increases at 1.5% After six years house possibly worth $327,000.
Sell: Invest $300,000 with at least 4% return after six years investment worth $379,595.
Is my reasoning correct what am I missing.
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