So how affordable are homes for sale in Mandarin right now ?
by Keith Francis
on Monday, December 5th, 2011 at 11:07am.
So how affordable are homes for sale in Mandarin right now ? Well to start with lets pick a growing and popular area in Jacksonville Florida. Mandarin homes for sale have been pretty hot lately based on the amount of website leads we receive and homes that are currently under contract. Lets take this home as an example is in the heart of Mandarin and has over 2000 square feet of air conditioned space. Three bedrooms, two baths and a two car garage is a very nice size home. It looks to be nicely remodeled and very updated with its Interior Finishing. The home at this date is listed at $160,000.00 and based on today's average 30year mortgage interest rates from bankrate.com of 4.15% , that gives you a principal & interest amount of $758.32 per month. You would have to add Homeowners Insurance and Property Taxes to that which could be a total of $250.00 per month as a rough estimate. If you have VA Loan Eligibility you could be looking as little as $1,040.00 per month including taxes and insurance with a nice tax deduction waiting for you at the end of the year. Could you even rent something this nice in Mandarin? Not that I can find in my searches... So are homes in Mandarin that are for sale affordable? My opinion is YES... VERY AFFORDABLE! The market is heating up for homes for sale in Mandarin like this one that are in great condition and move-in ready. Click the link above to see the home and all the beautiful pictures. If you want to go to real extremes of affordability then take a look at this Three Bedroom, Two Bath and Two Car Garage attached home in Mandarin! How about just over $500.00 a Month including taxes and homeowners insurance & based on the same rates and VA Eligibilty like the home above! Homes for Sale in Mandarin are affordable!