The first several years of the mortgage you are paying mostly interest and not as much towards equity. Plus, you have paid closing costs when you bought, will pay 6% to a realtor when you sell, and have paid property tax and homeowners insurance.
If you sell after 5 years, you are only making money if your home value happened to have gone up. This is by no means a guarantee on a short time frame.
If you sell after 5 years, you are only making money if your home value happened to have gone up. This is by no means a guarantee on a short time frame.