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Updated about 18 years ago,
Breaking Even - Is this good?
Hi All!
I have a few potential deals in the works and with the way the numbers work - after mortgage payment, taxes and insurance, I'm pretty much breaking even.
The thing I'm banking on is somebody paying down my mortgage (so equity growth is happening regardless of appreciation), appreciation (5-10%/yr) AND cashback at closing (approx 15K).
Thoughts???