回复:condo question

来源: 2008-09-23 22:27:31 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

wow, very high HOA fee. What is the tax?

You need to calculate the mortgage payment. assume that 30 year, 7%, 38,500, payment is 256 per month, plus 230 HOA fee, it seems that you have positive 100 cash flow. (after deducting tax and insurance)

so I say go for it!