How To Buy A $2,000,000 Home For $2,240 A Month

The Genius Of ADU Rental Financing

Let’s compare the purchase of a typical house for $1,200,000 with a 20% down payment

Your total monthly payment would be approximately $5,600

If you buy the Campbell Dr. property for $1,990,000

Your total monthly payment would be approximately $9,200

If you rent out the ADU unit for $5,500 your monthly net payment is now $3,700

The ADU rental can now qualify as a business and based on a value of $500,000 (The building value) can be depreciated over 27.5 years which equates to a monthly deduction value of $1,550. You may also have a deduction of 50% of the total mortgage interest and property tax for an additional deduction of $3,100.

Plus your property tax and mortgage deduction on the main house of $2,900 monthly.

If you are in a 30% Tax Bracket, your monthly payment would be $590!

You will have to pay taxes on the new rental income @ $1,650 a month

Now you own the $2,000,000 property for $2,240 a month!

Your Renter And The Government Will Pay For Your House!