Open House Picks
Park Slope 108 Berkeley Place Corcoran Sunday 12:30-2 $2,650,000 GMAP P*Shark Windsor Terrace 1604 10th Avenue Turner Structures Sunday 1-3 $1,775,000 GMAP P*Shark Windsor Terrace 247 Windsor Place Brooklyn Properties Sunday 12-2 $1,250,000 GMAP P*Shark East Flatbush 3325 Farragut Road Fillmore Sunday 1-3 $559,000 GMAP P*Shark
Park Slope
108 Berkeley Place
Corcoran
Sunday 12:30-2
$2,650,000
GMAP P*Shark
Windsor Terrace
1604 10th Avenue
Turner Structures
Sunday 1-3
$1,775,000
GMAP P*Shark
Windsor Terrace
247 Windsor Place
Brooklyn Properties
Sunday 12-2
$1,250,000
GMAP P*Shark
East Flatbush
3325 Farragut Road
Fillmore
Sunday 1-3
$559,000
GMAP P*Shark
meh
I didn’t omit it — I just assume appreciation over the next 5 to 10 years will at best be zero (which obviously some people will disagree with). I completely understand that your property has appreciated since you bought it. That isn’t the same thing as what will happen in the next few years.
You yourself ignored appreciation in your post:
– Opportunity cost of 20% down payment, using a pretty conservative 6% after tax expected return: $2,650 per month
Tell me, what assumption did you make about the home’s appreciation when you came up with a $2,650 monthly charge for this down payment? 0% annual return?