[quote=UCGal]I assume HOA fees would also have to factor in. A house with no HOA and no Mello Roos would be a simple ratio calculation. A house in a neighborhood with mello roos and HOA would have to have a lower ratio to realize the same cash flow.[/quote]
Yes. I figure HOA/MR at about 10K of buying power lost for every $50 in those fees.
