Accounting Earnings vs. Cash Flows

Suppose you own a condo that you purchased 2 years ago for $400,000 you are trying to decide if you should rent it out for 5 years and then sell it. You have learned that you could sell your condo today for $450,000. You find out that if you keep the property and rent it out for the next five years, you can sell it at the end of year 5 for $510,000. Your current income is $100,000 and f you rent out the condo, you could make an additional $24,000 per year after expenses. Your hurdle rate is 6%. Should you rent out the condo?