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Thoughts on Jumia stock?
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Meh. I’d lean sell. Doesn’t sound like appreciation will be able to keep up with rising maintenance and HOA costs
I’d concur, there isn’t a lot of wiggle room for HOA to go higher or for unexpected expenses
How much is it appreciating?
Conversation Starter
Very slowly, from 425k to 450k over 3 years
Location?
In that case, I would personally sell.
Definitely sell
Rising Star
Sell, especially if you need the money to put a strong down payment on the next place
Sell unless you’d want to keep it to borrow against it via cash out mortgage. Doubt that is the case since you still owe a lot
It sounds like you're losing money as is, not sure of property taxes but with profit of 200/mo you're like a single month unleased away from being in actual red. And all that is before maintenance?
How is mortgage pay down relevant? EY2 is talking about missing thin margins and future potential costs
Condos drop fastest in a pull back. Ditch it.