Investing In The Bay Area vs. Out-of-State
Let the numbers do the talkingAssumption San Jose OrlandoPrice$450,000 $75,000Down-payment 20% $90,000 $15,000Mortgage$360,000 $60,000Rent$1,750 $1,000ExpensesP&I 5.5% $1,700 $320Taxes$330 $125Insurance$150 $60Property Mang. 8.0% $0 $80Other$0 $83Total$2,180 $668Cash Flow Monthly -$430 $332Annual -$5,160 $3,980After 10 years 200% $900,000 $150,000-$61,920 $47,760$838,080 $197,760Properties are available in Orlando, Phoenix, Atlanta, Denver and Oklahoma city. ...
