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Updated about 9 years ago, 11/05/2015
typical numbers
I haven't priced residential properties for quite some time. I wonder if you think these are appropriate numbers on a SFD or condo:
Price: $230,000 (the median)
Down: 33%
Rent: $1600
% of gross in expenses: 45%
Interest rate on a 30 year mortgage: 4.5%
Credit score: 700+
Status: currently unoccupied
Experience: Yes, some.
Proximity: 15 miles from home
Expenses/rent appreciation: 2% and 3% annually
Vacancy: 5%