如果没有其他钱冲入，一直需要到第9年才能可以refinance然后有足够的钱来买下一个房子。
第二次refinance以前需要垫付19万的负现金流的钱。Believe or not, that's the math says so.
| Plan A with Refinance | ||||||||||||||
| 20 Years Ago: Year 1998 | Interest Rate | 6.00% | Now Year 2018 | |||||||||||
| House price | 200000 | House Price Growth Rate | 8.4% | House price | 1000000 | |||||||||
| Rent | 1000 | Rent Growth Rate | 6.0% | Rent | 3200 | |||||||||
| Yearly W2 cash for investment | 0 | W2 growth rate | 4.0% | |||||||||||
| Cash on hand | 40000 | Maintenance cost of house price | 3.0% | Refinance Speed | 9 | |||||||||
| Year | # House Had | House Price | Down Payment | Rent | Mortgage/mo | Insurance, tax, vacancy, management /mo | If Refi, how much cash out | Refi Part Payment | Cash flow/mo | Cash flow/ye | Total cash | Buy House Next Year? | Principe paid | Net Worth |
| 1 | 1 | $200,000 | 40000 | 1000 | ($959) | ($500) | ($459) | ($5,511) | -5511 | FALSE | 2024 | $36,512 | ||
| 2 | 1 | $216,760 | 43352 | 1060 | ($959) | ($542) | ($441) | ($5,296) | -10807 | FALSE | 2145 | $50,122 | ||
| 3 | 1 | $234,924 | 46985 | 1123 | ($959) | ($587) | ($423) | ($5,079) | -15886 | FALSE | 2274 | $65,481 | ||
| 4 | 1 | $254,610 | 50922 | 1191 | ($959) | ($637) | ($405) | ($4,862) | -20748 | FALSE | 2410 | $82,715 | ||
| 5 | 1 | $275,946 | 55189 | 1262 | ($959) | ($690) | ($387) | ($4,647) | -25395 | FALSE | 2555 | $101,960 | ||
| 6 | 1 | $299,070 | 59814 | 1337 | ($959) | ($748) | ($369) | ($4,434) | -29829 | FALSE | 2708 | $123,358 | ||
| 7 | 1 | $324,131 | 64826 | 1418 | ($959) | ($810) | ($352) | ($4,224) | -34053 | FALSE | 2871 | $147,066 | ||
| 8 | 1 | $351,293 | 70259 | 1502 | ($959) | ($878) | ($335) | ($4,021) | -38074 | FALSE | 3043 | $173,250 | ||
| 9 | 1 | $380,731 | 76146 | 1592 | ($959) | ($952) | 142579 | ($855) | ($1,174) | ($14,082) | 90423 | TRUE | 3226 | $334,410 |
| 10 | 2 | $412,635 | 82527 | 3376 | ($2,938) | ($2,063) | ($855) | ($2,481) | ($29,771) | -21875 | FALSE | 6838 | $673,491 | |
| 11 | 2 | $447,214 | 89443 | 3578 | ($2,938) | ($2,236) | ($855) | ($2,452) | ($29,420) | -51294 | FALSE | 7249 | $720,476 | |
| 12 | 2 | $484,689 | 96938 | 3792 | ($2,938) | ($2,423) | ($855) | ($2,425) | ($29,097) | -80392 | FALSE | 7684 | $774,014 | |
| 13 | 2 | $525,306 | 105061 | 4019 | ($2,938) | ($2,627) | ($855) | ($2,401) | ($28,809) | -109201 | FALSE | 8145 | $834,582 | |
| 14 | 2 | $569,325 | 113865 | 4260 | ($2,938) | ($2,847) | ($855) | ($2,380) | ($28,563) | -137764 | FALSE | 8633 | $902,692 | |
| 15 | 2 | $617,034 | 123407 | 4515 | ($2,938) | ($3,085) | ($855) | ($1,509) | ($18,106) | -155870 | FALSE | 9151 | $989,154 | |
| 16 | 2 | $668,740 | 133748 | 4785 | ($2,938) | ($3,344) | ($855) | ($1,497) | ($17,964) | -173834 | FALSE | 9700 | $1,084,303 | |
| 17 | 2 | $724,780 | 144956 | 5072 | ($2,938) | ($3,624) | ($855) | ($1,491) | ($17,888) | -191723 | FALSE | 10282 | $1,188,776 | |
| 18 | 2 | $785,515 | 157103 | 5375 | ($2,938) | ($3,928) | 423866 | ($855) | ($1,491) | ($17,888) | 214255 | TRUE | 10899 | $1,727,124 |
| 19 | 3 | $851,340 | 170268 | 8546 | ($7,022) | ($6,385) | ($3,396) | ($4,861) | ($58,332) | -14345 | FALSE | 17330 | $2,498,844 | |
| 20 | 3 | $922,681 | 184536 | 9058 | ($7,022) | ($6,920) | ($3,396) | ($4,884) | ($58,612) | -72957 | FALSE | 18370 | $2,672,625 | |
| 21 | 3 | $1,000,000 | 200000 | 9600 | ($7,022) | ($7,500) | ($3,396) | ($4,922) | ($59,062) | -132018 | FALSE | 19472 | $2,864,992 | |
