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The model defaults to a 4% growth rate in home prices. If you want to assume a 7.5% growth rate, plug it in a few rows down from the down payment. The rent numb
by dunham 11y ago
The model defaults to a 4% growth rate in home prices. If you want to assume a 7.5% growth rate, plug it in a few rows down from the down payment. The rent number will go negative, even with a 0% down payment.
But you will be assuming that Seattle maintains a 7.5% growth rate over your specified time period. (It would be nice for me, I'm in contract on a house in Wallingford.)