Duplex Dreaming

A duplex in White Center would be wonderful:

In terms of Monopoly, Seattle is very much an Orange property: not the most-expensive available but certainly one of the best investments in the game.

$415,000 (with property taxes of $2,749 per year).

If $83,000 could be acquired (20% down), that leaves a remaining loan of $332,000.

Spread out over a 30-year loan at 5% interest equals about $2,000/month, through 2047:

At current rates, each unit in the duplex could earn $1,500-$2,000 per month in rent, meaning a monthly profit of $2,000 (assuming full-time renters), minus the risk and adjustments from new endeavors (profits to gain with accumulated investing).

#WAWins

#possibilities