8 ms·

So my calculation of 1600 a month includes everything except maintenance and utilities, assuming a $60 HOA. Maintenance even if you assume $150 a month average

• BoiledCabbage 5y ago
  Average utilities accross the US are $170 a month. And general rule of thumb for maintenance (which includes budgeting for only occasional but large expenses like roofs, furnances, water heathers...) are between 1% of 4% of the purchase price per year. At the very low end, that's at least $300 bucks a month, at the high end that's $1200 or more per month. So you'd be looking at $1600 + (somewhere between $500 and $1300).
• zffr 5y ago
  At least in NYC the HOA fees can be crazy. I have seen as high as 3k/ko for a 1.25M condo