I think you answered your – Piggington's Econo-Almanac

July 20, 2006 at 10:35 AM #28987

Participant

I think you answered your own question.

I don’t know what you assumed purchase price is, so I’ll just trust your numbers. If you pay $2500/month in rent, and save the extra $1500/month at a mere 5%, you will have $102k. If you think the condo will go up more than that, buy.

~LAMoneyGuy