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Originally Posted by chuckinca
SOOO - if you winter in TV and summer elsewhere you probably have to add the 800 - 1100 fixed monthly cost to the 3500 to 4000 to determine your cost to have two places (plus mortgages if applicable). on he upper end it looks to be about 5100/mo or 61,200 per year (I still think everyone is talking net numbers - after taxes numbers) so you probably have to add about another 10% which makes the total more like 67,000 per year for two places (and it looks like maybe over 1/3 of village people are snowbirds)
Maybe i need to work a few more years ! LOL
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Assuming that's right, at 6.7% return, you'd need $1 million invested to make $67K without hitting the principle!