by missgredenko ➕follow (0) 💰tip ignore
This homes' taxes w/o the benefit of waterfront or large amount of land are $23,652. See page 2 link at botom of title page.
 http://www.cnyhomes.com/Listing/Search/info.cgi?mlnum=205929
It's also available for rent for $3500/mo.
http://www.realtor.com/realestateandhomes-detail/5142--Hoag-Lane_Fayetteville_NY_13066_1110226648
So they're barely netting anything after covering taxes, insurance, maintenance when they take on the risk of renting out their home. I hope they're not holding a mortgage on it cause then they'd be slowly bleeding to death. Â
#housing
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I was shocked when I read about someone in Jersey paying $12k a year in taxes. I'm paying $980k. I can't fathom paying that amount.
This homes' taxes w/o the benefit of waterfront or large amount of land are $23,652. See page 2 link at botom of title page.
 http://www.cnyhomes.com/Listing/Search/info.cgi?mlnum=205929
It's also available for rent for $3500/mo.
http://www.realtor.com/realestateandhomes-detail/5142--Hoag-Lane_Fayetteville_NY_13066_1110226648
So they're barely netting anything after covering taxes, insurance, maintenance when they take on the risk of renting out their home. I hope they're not holding a mortgage on it cause then they'd be slowly bleeding to death. Â
#housing