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Manhattan real estate
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08-09-2007, 12:47 PM
Ryno
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Join Date: Jan 2005
Location: SoCal
Posts: 531
Re: Manhattan real estate
I guess a shortcut would be to say 84k per year rent divided by 1.8mil is a 4.67% carrying cost. After tax mortgage is about the same, but then you have taxes and maintenance.
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