We've started to plan again for a downsize from our primary residence to something smaller as well as selling the rental property. I know that the Z-estimates from Zillow aren't an exact science, but I'm using them for a quick snap shot.
Value of Rental Property: $250.000
Mortgage on Rental Property: $0.00
Value of Primary Residence: $460,000.00
Mortgage Balance for PR: -$218.000
Total Value: $492,000
The townhomes we are looking at are in the $240,000 range. I'm feeling slightly better about the overall picture of our fiscal health.
Future Plans and Property Values
March 1st, 2018 at 08:55 am