315 N. Demanade Boulevard
Lafayette, Louisiana 70503
Keep It, Sell It, or SPY It
A paid-off house vs the S&P 500 · Shelby Youtsas
Dial the Assumptions
Annual NOI
Cap Rate
Total Return on Equity
Monthly Cash Flow
Three Paths on the New House
The Equity Duel — -Year Race
Sell → S&P 500 (net of 7% selling costs)
Keep the house (value + rents reinvested)
Rental path = house value appreciating + NOI reinvested at the S&P rate. Pre-tax; the rental also carries a depreciation shelter and the §121 no-capital-gains window survives ~3 years after move-out. Educational comparison, not investment or tax advice.