That message started as kind of thinking out loud. I started putting numbers in a spreadsheet, but I knew I was forgetting some things. On my drive home from work, I was thinking about the fact that the renter could invest the extra money. Of course that takes discipline 😉
And I did not take into account that as things are going, the renter could probably buy the place in 5 years for less than the $500k instead of waiting 10 years for the house to come back up.