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s1artibartfast
on April 16, 2022
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Tax the Land
You are correct. Renters cover the mortgage and you are neutral at 35 years. Not in bebt
kudu
on April 16, 2022
[–]
So, for your 200k downpayment, you now have 200k * 1.047^35 = 1MM as the total house value that you own even without house appreciation, so almost a 5% rate of return.
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