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2362 Torrey Pines Rd, La Jolla, CA 92037

By Patrick (408/408 = 100% civil)   2010 Dec 30, 4:00pm   ↑ like   ↓ dislike   1,259 views   5 comments   watch (0)   share   quote  


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1   drvan   2011 May 18, 12:58pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

As per NYT rent vs. buy calculator I would break even after 3 years? what is wrong with this NYT calculator?

2   drvan   2011 May 18, 1:14pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

3   Nomograph   2011 May 18, 1:23pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

That's not a particularly nice property. It's smack dab in the middle of one of the most busy arteries in San Diego, and becomes a logjam during the summer. I believe the HOA's for those condos are around 450 per month as I remember.

It is close to the beach though...

4   ih8alameda2   2011 May 19, 8:17am  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

drvan says

As per NYT rent vs. buy calculator I would break even after 3 years? what is wrong with this NYT calculator?

without knowing any figures or what you put in, i'm more inclined to ask, what are wrong with your figures? =)

5   Shawn   2011 May 19, 8:34am  ↑ like (1)   ↓ dislike (1)   quote   top   bottom   home   share  

The NY Times calculator probably assigns a high % of annual appreciation by default. Try changing it to something realistic, like a rate of depreciation. But good luck, I've seen calculators out there that won't even accept the possibility of a negative appreciation rate.

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