house price 200k,
mortage case: 5% down is 10k, 190k mortgage.
mortgage payment 10k/year, rent income 15k/year, management and HOA fee 3.6k, maintainence+tax+missing rent 3k/year
total income: 15k
total cost: 16.6k
house price went up to 400k
total investment: 10k + 1.6k x 8 = 22.8k
If I sell this house now, the investment gain is:
today's house price - remaining mortage - total investment = 170k
So with
Just for the comparision sake, my 401k (on stock market) in the last 8 years didn't double. (lost a lot in 2000 due to bubble burst).
刚才自算了一下我们在温哥华的房子的投资回报。。。
laoyangdelp (2007-05-24 13:22:24) 评论 (1)house price 200k,
mortage case: 5% down is 10k, 190k mortgage.
mortgage payment 10k/year, rent income 15k/year, management and HOA fee 3.6k, maintainence+tax+missing rent 3k/year
total income: 15k
total cost: 16.6k
house price went up to 400k
total investment: 10k + 1.6k x 8 = 22.8k
If I sell this house now, the investment gain is:
today's house price - remaining mortage - total investment = 170k
So with
Just for the comparision sake, my 401k (on stock market) in the last 8 years didn't double. (lost a lot in 2000 due to bubble burst).