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  1. Marcellinho
    at |

    Metroplexual,I read some of that article and baicsally stopped when their assumption turned out to be just incorrect they claimed that a home sold for $560K and across the street another home was renting for $2295 they assumed 20% down at a 5.7% 30-year fixed rate mortgage according to my calulations, that monthly nut which doesn’t even include their assumptions for taxes and maintence, comes out to be $2550. That’s $250/per month in the hole! . and their conclusion was that this home calculated to be a good buy! Am i missing something here?

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