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July 20, 2008 at 11:33 AM #243445July 20, 2008 at 9:57 PM #243501ucodegenParticipant
$225k at 6% interest rate will cost ~$1350/month with 0% down. Those houses can easily rent for $1700-1900/month depending on condition. PITI – Tax deduction will bring you to about $1200/month.
Don’t forget HOAs.. $258/mo. I think that the fact that it is attached will take the price down a little further from you $325k, not too much. HOAs may also pull the price down too (HOAs are not deductable). Otherwise I think you may be in the ballpark.
I do wonder if rentals are going to take a hit as well. I noticed that the apartment complex I am in had a special offer to sign people up for 6 more months at the current going rate. You don’t do that if you think rents will stabilize or go up.
July 20, 2008 at 9:57 PM #243644ucodegenParticipant$225k at 6% interest rate will cost ~$1350/month with 0% down. Those houses can easily rent for $1700-1900/month depending on condition. PITI – Tax deduction will bring you to about $1200/month.
Don’t forget HOAs.. $258/mo. I think that the fact that it is attached will take the price down a little further from you $325k, not too much. HOAs may also pull the price down too (HOAs are not deductable). Otherwise I think you may be in the ballpark.
I do wonder if rentals are going to take a hit as well. I noticed that the apartment complex I am in had a special offer to sign people up for 6 more months at the current going rate. You don’t do that if you think rents will stabilize or go up.
July 20, 2008 at 9:57 PM #243652ucodegenParticipant$225k at 6% interest rate will cost ~$1350/month with 0% down. Those houses can easily rent for $1700-1900/month depending on condition. PITI – Tax deduction will bring you to about $1200/month.
Don’t forget HOAs.. $258/mo. I think that the fact that it is attached will take the price down a little further from you $325k, not too much. HOAs may also pull the price down too (HOAs are not deductable). Otherwise I think you may be in the ballpark.
I do wonder if rentals are going to take a hit as well. I noticed that the apartment complex I am in had a special offer to sign people up for 6 more months at the current going rate. You don’t do that if you think rents will stabilize or go up.
July 20, 2008 at 9:57 PM #243706ucodegenParticipant$225k at 6% interest rate will cost ~$1350/month with 0% down. Those houses can easily rent for $1700-1900/month depending on condition. PITI – Tax deduction will bring you to about $1200/month.
Don’t forget HOAs.. $258/mo. I think that the fact that it is attached will take the price down a little further from you $325k, not too much. HOAs may also pull the price down too (HOAs are not deductable). Otherwise I think you may be in the ballpark.
I do wonder if rentals are going to take a hit as well. I noticed that the apartment complex I am in had a special offer to sign people up for 6 more months at the current going rate. You don’t do that if you think rents will stabilize or go up.
July 20, 2008 at 9:57 PM #243714ucodegenParticipant$225k at 6% interest rate will cost ~$1350/month with 0% down. Those houses can easily rent for $1700-1900/month depending on condition. PITI – Tax deduction will bring you to about $1200/month.
Don’t forget HOAs.. $258/mo. I think that the fact that it is attached will take the price down a little further from you $325k, not too much. HOAs may also pull the price down too (HOAs are not deductable). Otherwise I think you may be in the ballpark.
I do wonder if rentals are going to take a hit as well. I noticed that the apartment complex I am in had a special offer to sign people up for 6 more months at the current going rate. You don’t do that if you think rents will stabilize or go up.
July 20, 2008 at 10:14 PM #243506ucodegenParticipantI was looking at the Mira Mesa listings and saw some ‘blasts from the past’ listed.. we’ve seen these posted before..
8759 Hillery Dr
10862 New Salem Pl — was this a cracked slab?? notice 10k repair credit..July 20, 2008 at 10:14 PM #243649ucodegenParticipantI was looking at the Mira Mesa listings and saw some ‘blasts from the past’ listed.. we’ve seen these posted before..
8759 Hillery Dr
10862 New Salem Pl — was this a cracked slab?? notice 10k repair credit..July 20, 2008 at 10:14 PM #243657ucodegenParticipantI was looking at the Mira Mesa listings and saw some ‘blasts from the past’ listed.. we’ve seen these posted before..
8759 Hillery Dr
10862 New Salem Pl — was this a cracked slab?? notice 10k repair credit..July 20, 2008 at 10:14 PM #243712ucodegenParticipantI was looking at the Mira Mesa listings and saw some ‘blasts from the past’ listed.. we’ve seen these posted before..
8759 Hillery Dr
10862 New Salem Pl — was this a cracked slab?? notice 10k repair credit..July 20, 2008 at 10:14 PM #243719ucodegenParticipantI was looking at the Mira Mesa listings and saw some ‘blasts from the past’ listed.. we’ve seen these posted before..
8759 Hillery Dr
10862 New Salem Pl — was this a cracked slab?? notice 10k repair credit..July 21, 2008 at 8:31 AM #243626cv2Participant[quote=DWCAP]SD_R, or anyone else with MLS access, what is up with this sale. I know the market is falling, but this is significantly below market. Is this infamily or something?
http://www.sdlookup.com/MLS-088037455-11322_Dalby_Pl_San_Diego_CA_92126%5B/quote%5D
For $295/square feet in Mira Mesa, I failed to see a bargain.
July 21, 2008 at 8:31 AM #243770cv2Participant[quote=DWCAP]SD_R, or anyone else with MLS access, what is up with this sale. I know the market is falling, but this is significantly below market. Is this infamily or something?
http://www.sdlookup.com/MLS-088037455-11322_Dalby_Pl_San_Diego_CA_92126%5B/quote%5D
For $295/square feet in Mira Mesa, I failed to see a bargain.
July 21, 2008 at 8:31 AM #243777cv2Participant[quote=DWCAP]SD_R, or anyone else with MLS access, what is up with this sale. I know the market is falling, but this is significantly below market. Is this infamily or something?
http://www.sdlookup.com/MLS-088037455-11322_Dalby_Pl_San_Diego_CA_92126%5B/quote%5D
For $295/square feet in Mira Mesa, I failed to see a bargain.
July 21, 2008 at 8:31 AM #243832cv2Participant[quote=DWCAP]SD_R, or anyone else with MLS access, what is up with this sale. I know the market is falling, but this is significantly below market. Is this infamily or something?
http://www.sdlookup.com/MLS-088037455-11322_Dalby_Pl_San_Diego_CA_92126%5B/quote%5D
For $295/square feet in Mira Mesa, I failed to see a bargain.
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