Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Craig Alsup
0
Votes |
4
Posts

New Here, Help with calculator for my property.

Craig Alsup
Posted

Hi! My wife and I own a house that we've lived in for 6 years. We are now moving to a new house and putting this one up for rent...hopefully. We are trying to use the calculators, but having trouble figuring how to factor in the fact that our house cost $229,000 when purchased, we now owe $180,000, and the value is now $350,000 or so. 

We expect to rent it for around $2500 according to the surrounding area. Insurance is $2500/year, Taxes $6500/year, 3.25% interest rate 24 year loan remaining. 

HOA is around $40/month.

Any help in plugging all that in and getting correct numbers?

Loading replies...