Yeah, a lot of people don’t fully realize the impact of mello roos and HOAs. I generally use a multiple of 25 to come up with a present value of the difference (that’s a 4% discount rate, or 7% less 3% fee inflation). So, if you have to pay $500/month more (or $6K/year) in HOA/mello roos relative to another property, that’s a present value of $150K. It adds up.
