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Rental property vs VNQ?

December 23, 2023
in Personal Finance
Reading Time: 1 min read
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Rental Dwelling
VNQ

Worth
$600,000
$300,000

Mortgage
-$1,770

Escrow
-$880

Upkeep
-$500

Hire
$4,000
$1,000
Dividends

Complete per 30 days
$390
$1,000

Compounded @ 4% with earnings reinvested after 13yrs
$1,088,532
$708,813
Compounded @ 4% with dividends reinvested after 13yrs

Can somebody examine my math and let me know what I’m lacking?

My mortgage is at 1.75% and solely has 13yrs left. I may promote it and have $300,000 left over. Seems to be like renting is significantly better long run? Though far more of a headache.

I perceive these are estimates, for example, the Mortgage will not ever enhance, however every thing else will. Together with dividends from VNQ.

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