Do carrying costs include monthly mortgage payments?

… on the type of property youre buying If youre buying a rental property or a multifamily property where you would potentially live in one unit and rent out the others then you will also want to factor in … include monthly mortgage payments … Buy … Sales Market … Ask an Expert … Co-ops … condos … maintenance & common …

By Emily Myers |April 10, 2023 - 10:00AM
How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

… In addition to the sales price of a coop or condo an important consideration … difference in monthly payments should be reflected in the sales price To some degree a formulaic approach ignores the … $500 a month That extra $1000 in monthly maintenance would support a $200000 mortgage However the number and level of …

By Emily Myers |March 13, 2023 - 12:30PM