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re: House = (x)household income

Posted on 8/11/15 at 8:26 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 8/11/15 at 8:26 am to
Purchase price of my place is 70.2% of my take home. I also have passive income however. It was greater when I purchased it. It's across the street from a golf course. P/I is 3.715% of take home.

Got interested, so I figured it out this morning. I'm single, excepting my 23 yo kinda sorta girlfriend. No kids. I'm also a minimalist. But it's an adequate place to live.

I have non owner occupied real estate as well, and the numbers there are no where near this favorable.

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