Sonu_Patel Posted August 23, 2023 Report Posted August 23, 2023 Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ Quote
perugu_vada Posted August 23, 2023 Report Posted August 23, 2023 covid times lo couple idharu 2 jobs chesaru chaala mandi .. they have invested money on houses and stocks left-right-top-bottom .. Quote
megadheera Posted August 23, 2023 Report Posted August 23, 2023 They are buying with cash anna nee laage Quote
megadheera Posted August 23, 2023 Report Posted August 23, 2023 2 minutes ago, perugu_vada said: covid times lo couple idharu 2 jobs chesaru chaala mandi .. they have invested money on houses and stocks left-right-top-bottom .. malli ‘they’ ani refer cheyatam enduku uncle..adi nuvve ani @Sucker uncle db motham kodai kusthunnadu Quote
Ravi860 Posted August 23, 2023 Report Posted August 23, 2023 5 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ Rent ki mortgage ki calculate cheskuntunnava e market lo… nuvvu konnatle uncle Inka Quote
HER0 Posted August 23, 2023 Report Posted August 23, 2023 9 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ Everyone buying with cash like you Quote
perugu_vada Posted August 23, 2023 Report Posted August 23, 2023 4 minutes ago, megadheera said: malli ‘they’ ani refer cheyatam enduku uncle..adi nuvve ani @Sucker uncle db motham kodai kusthunnadu my wife dont work uncle .. she takes care of house and my daughter neney mood ochinapudu 3 months alaa 2nd job chesthuu unta anthe .. to stay technically relevant .. 1 Quote
HER0 Posted August 23, 2023 Report Posted August 23, 2023 11 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ Uncle these houses only 400-500K Quote
yemdoing Posted August 23, 2023 Report Posted August 23, 2023 15 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ patela you are making lot of assumptions here Property Tax(1%): $6300 -- is it just 1% ? HOA: $270-- seems very low for a town home in ATL,$450 seems reasonable Home Insurance: $1500-- again very low, may be new home kabatti. Real insurance pain starts after few years. How do you know they bought with 7.5% rate and with 20% down ? investment homes ki mari basics lekunda kontunnara ? I don't think so . May be they took a ARM rates with very low interest rate for now and 5% down. and planning flip the home as soon as they are sure of some profit . In the mean time renting it Quote
Pavanonline Posted August 23, 2023 Report Posted August 23, 2023 42 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ inkendi mari okati koni mammalni vadiley Quote
manadonga Posted August 23, 2023 Report Posted August 23, 2023 43 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ Anna nuvvu dallaspuram kada mari atlanta chustunavu enti anna Quote
Funkops Posted August 23, 2023 Report Posted August 23, 2023 49 minutes ago, Sonu_Patel said: Telugu tammullu buying townhomes in suburbs for $630k - 640k and putting on rent for around $2990 .. details loki velithey... Home value: $630000 Down Payment(20%): $125,000 Interest rate: 7.5% Property Tax(1%): $6300 HOA: $270 Home Insurance: $1500 Total Monthly Mortgage Payment: $4444 Asking rent: $2990 whoever is managing this property is straight loosing $1450 every freaking month. Idem logic less investing ra mowa.. This is one of the parameter for housing market correction and eventually they end up putting homes in market for sale or loose money. links: https://www.zillow.com/homedetails/1247-Winterhaven-Dr-1247-Cumming-GA-30041/2056023637_zpid/ https://www.zillow.com/homedetails/1246-Winterhaven-Dr-Cumming-GA-30041/2057569212_zpid/ https://www.zillow.com/b/5965-west-dr-cumming-ga-BSh8FS/ They are not losing. They remaining money they build the equity. Quote
Sonu_Patel Posted August 23, 2023 Author Report Posted August 23, 2023 14 minutes ago, Funkops said: They are not losing. They remaining money they build the equity. Math esinaka kuda neku ardam kaledantey ninnu ah @Lakshmi Parvathi ee kaapadaali Quote
Sonu_Patel Posted August 23, 2023 Author Report Posted August 23, 2023 1 hour ago, megadheera said: They are buying with cash anna nee laage still logic less anna.. 630k oorikey saving account lo ekunna 5% and average ga $2600 per month vastadi anna. Quote
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