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$3m cash will get you a house that you have to still pay $60k-$100k a year to stay in property tax and maintanence
by socalgal2 1y ago
$3m cash will get you a house that you have to still pay $60k-$100k a year to stay in property tax and maintanence
- bigmattystyles 1y ago$3m mortgage as well
- vkou 1y agoProperty tax rate in SF caps at 1.38%, which would be ~$40,000/year. How are you spending $60,000/year, every year, on maintenance and insurance? Are you saving up for a new solid gold roof for every decade?
- zeroonetwothree 1y agoMy average has been around $30k/yr but my house is worth well under $3m so I could see it being closer to $60k. I do include some remodeling in that figure, but things wear out and you aren’t going to want to live with a decrepit interior in your $3m house…