3 ms·
$700k to $1.1m in 10 years is about 4.6% annualized...that doesn’t seem that crazy.
by gok 9y ago
$700k to $1.1m in 10 years is about 4.6% annualized...that doesn’t seem that crazy.
- stouset 9y agoIt's actually pretty terrible when you throw in that they bought at the bottom of the market, and likely paid at least 3% monthly in financing costs.
- gok 9y agoWell it was actually the last top of the market; it bottomed out a year later. They probably could have gotten it for much less in 2008.
- dvt 9y agoSorry, they actually got it in 2011, had to double check Redfin.