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Posted on 9/15/14 at 6:10 am to Mr.Perfect
150k purchase price with 20% down payment and he's financing 120k
120k @ 6% for 15 years is about $1,000
Now you pay tax(no homestead) and insurance(also higher on rental) and you'd be very lucky to stay under $1,350
Any maintenance at all you'd be negative.
120k @ 6% for 15 years is about $1,000
Now you pay tax(no homestead) and insurance(also higher on rental) and you'd be very lucky to stay under $1,350
Any maintenance at all you'd be negative.
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