[quote=ibjames][quote=sdduuuude]I’d say not yet in Clairemont.
A basic, 3BR, 2BA, 2CG at 1200 sq. ft. on a 5500-6000 Sq. ft lot with dated interior is going to run about 410 K +/- 30K depending on the location. I suspect they would rent for about 2K/month +/- $200.
Also – keep a watchful eye on rents and run some “what if” scenarios to see what lower rents would do to your your plans.[/quote]
The one thing that bothers me in Clairemont is the 3/1 bath places, you would think they would go down in price much faster
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If you can buy a place in Clairemont for 400K with 20% down at 5.5% interest, it is roughly equivalent to rent at $1900 per month or less for those making 100K or more.
I think it can make sense at those levels for owner occupied.
