$400k equity is producing $1600/month cash flow for a return from the cash flow of 4.8%.  

Over the past few months, I’ve been diving into Brandon Turner’s books and bingeing Dave’s BiggerPockets podcast whenever I have the chance.

Purchased for $69,000, I tackled everything from a new roof to interior updates, transforming it into a move-in-ready home.After months of surprises (and a few headaches), I sold the property for $145,000.

We host a Real Estate meetup monthly!

A $40k loan at 5 years @ 8% would give you a monthly payment of $811.06.

Then separately I calculated the appreciation against each home value observation in the ZHVI dataset against its value 10 years earlier for each month.

Recently it has gone non-performing and is over the four month mark.

Trenching, utility connection charges and etc. add a huge cost handicap which makes the economics unworkable in almost every case. 

We owe $154k on the property and the interest rate is 4.25%, the monthly mortgage is $1050 with taxes and insurance.

1.7 % of Loan Amount (Points) - $6,035underwriting fees - $1,400Are the above fees reasonable or not for refinancing a mortgage?