I just purchase a 3 bed 1 bath single family home with a monthly mortgage payment of $1253 including taxes and insurance. I’m occupying one room and renting out the other two for $600 each. I cover the WiFi and utilities which come out to $270.
$1253+$270=$1523 $1523-$1200=$323 (monthly net housing expenses not accounting for potential upkeep or repairs)
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source https://www.reddit.com/r/RealEstate/comments/1jdzr2d/do_the_numbers_make_sense/
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