你的担心是对的。买320K，出租1700，不值。

你的担心是对的。
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是的，320k,首付20%。租金1700左右/月，200/月PROPERTY TAX, 50/月保险。
但是因为是新房子，我需要自己另装DECK(小的5000块左右）。自己买冰箱，洗衣机，烘干机。但是因为是新房子，这个价位好像特别好租。（自己简单在CRIAGLIST上作了一个测试。）
我的想法是自己先拿出来7.5k付首付和CLOSING,另外的贷款，PROPERTY TAX,保险争取尽量从租金里面出。是不是我的想法太幼稚？其实也不知道房子什莫时候能开始升值。现在我们这个地区的房价还在走低。也很难判断这个新房子的320K是否合理？
实在是太喜欢这个END UNIT乐，很担心自己不够理智。
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Reading your post, all I see is following:
1. "争取", "尽量"从租金里面出;
2. 不知道房子什莫时候能开始升值;
3. 很难判断这个新房子的320K是否合理;
and more importantly:
4. 实在是太喜欢这个END UNIT乐.

Based on these words, it's clear that you're probably "不够理智." Item #4 is clearly the mentality of a homeowner, not a landlord.

First of all, 20% of 320K is 62K, not 7.5K. Add in closing cost, probably 70K.

For rental, there is not need for deck. It'll be nice to have it, but not for $5000, since you probably won't get any higher rent because of it.

Yes, you'll need stove, fridge, washer/dryer, possibly dish washer.

Now for the profit analysis:

Rental income: $1700/mon

mortgage payment: $1535/month
(interest 1280, principle 255)
(assumes 20% down, 6% rate, 30 year fixed)
Property Tax: $200
insurance: $50

Now, your expense is already $1800, and we haven't talked about other stuff.

management (8%): $140
maintenance (10%): $170
vacancy (10%): $170

From a passive investor's point of view, you'd be loosing 1700-1800-140-170-170 = -$580/month.

Note, your maintenance should be lower since it's new. However, after a few years, there will be something that needs fixing. And vacancy could be lower, at 5%. You could manage it yourself, but there is some learning to do. Also, you'd be earning $140/month for all your work.

Now, you might wish the price would go up. I doubt that would happen within the next 10 years. But this is really a personal opinion.

Look at it this way, you pay $70K to the bank, then every month you'd be loosing $580. That's -7K a year. This is after you paid 70K, and assumed $256K liability in the form of mortgage. I'm not sure what kind of investor you are, but that's definitely not my cup of tea.

Again, this is just personal opinion, as you might strike it rich just as buying lottery. Please don't make any investment decision based on this post. Or any other posts, for that matter. On the other hand, there are many good, informative posts on this board. Digging them up and understand what people are saying are wise.

Hope this helps.

www.sunskitehomes.com