All Forum Posts by: Jeff L.

Are you saying this "profit if sold" also calculates the monthly profit I get from rent over 30 years? 

Could someone tell me how this calculator works? It says after 30 years my property will be valued at $752,000.00 It also tells me if I sell it in 30 years my profit will be $1,04,414.00 ... Am I crazy or does that make no sense?

Thanks in advance

very nicely put, makes total sense, thank you. 

if I can break even for 25 years and sell it for $1m profit (just using the information from the calculator) why is it such a bad idea? 

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Would you guys agree this would be a solid deal if the true plan was to hold for 30 years? I am currently mid 20's. 

Calc tells me $1,652.25 in reality I am paying $1,556.00

Loan Amount - $346,500

Term - 30 Years

Interest Rate - 3.99%

Taxes - $374 per month

Insurance - $40 per month

Which inputs would you like to see?

Thanks in advance for your help

Hey guys,

I uploaded a rental property that I physically own. The formula came out to $1,000 more than I pay each month for my P&I (I know for a fact as I am actually paying it now). This obviously skews my numbers, any idea how to change? 

I also am putting more down a month to pay off the debt fast. Does not seem like any way to alter this either.

Thanks