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Demand for rental apartments in and near cities across America is soaring, as more millennials believe it's cheaper than owning a home.


tacobell fan

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23 minutes ago, tacobell fan said:

$750k house  -- Closing Cost

 Monthly  Estimate  - $3725 ($2709 Principal + Interest)

Property Tax 1.5% --  $11,500/year

Home Insurance - $260/month

HOA - varies

At the end of 30 years he pay a grand total of  $1.25M  -- Principal $570k - Interest $405k

 

DOWNPAYMENT - $190k  (in order to get above numbers)

30 years tarvata aa house value entha vuntundi? 3-5  million or may be even more 

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4 minutes ago, i_sudigadu said:

30 years tarvata aa house value entha vuntundi? 3-5  million or may be even more 

3-5 Million ainde anuko..

appudu ammutava...?

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4 minutes ago, i_sudigadu said:

30 years tarvata aa house value entha vuntundi? 3-5  million or may be even more 

appatiki inflation add chesthe it doesn't matter. 

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12 minutes ago, tacobell fan said:

Luck kuda undali bro, entha kastapadina if it's not on your side it's nightmare ane cheppali

I think when it comes to investing as long as you live less than your means and keep investing you will find luck somewhere.. As long as you don't fall into the traps like buying big cars and homes etc..

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1 minute ago, i_sudigadu said:

I believe you will still be in profit 

a Profit lo ippudu kuda unnad kada...

Profit ki definition e rojullo change aipoindi....US lo wrt Desis..

its not about how much ur home appreciated...its about how much income u r making apart of your Home Mortagage , and other expenses...from ur salary or other income after ur capitals investment is done...

 

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1 minute ago, i_sudigadu said:

I believe you will still be in profit 

Not worth the risk and stress. Rental house lo unna flexibility you may not get because if you can't afford you can always downgrade and always move to places which are newly built to get the taste of future/modern designs. 

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8 minutes ago, Spartan said:

a Profit lo ippudu kuda unnad kada...

Profit ki definition e rojullo change aipoindi....US lo wrt Desis..

its not about how much ur home appreciated...its about how much income u r making apart of your Home Mortagage , and other expenses...from ur salary or other income after ur capitals investment is done...

 

Yes .. but loss lo aithe vundam kada .. adi naa point .. just imagine 30 years rent pay cheste ela vuntado without any return

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1 minute ago, i_sudigadu said:

Yes .. but loss lo aithe vundam kada .. adi naa point .. just imagine 30 years rent pay cheste ela vuntado without any return

Rent pay cheste 

Peace of mind

Owning a home is a mess

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10 minutes ago, tacobell fan said:

Not worth the risk and stress. Rental house lo unna flexibility you may not get because if you can't afford you can always downgrade and always move to places which are newly built to get the taste of future/modern designs. 

Stability vunna valle house kontaru kada.. contractor gallam ekkada kona galam 

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