Anaheim Landlords: Carrying Costs Add Up Fast
By Wendy Rawley, Straight Talk. Clear Guidance. Real Results.
(The Wendy Rawley Team)
The $6,000/Month Question Anaheim Landlords FaceWhen you're deciding whether to sell your Anaheim rental property, there's one calculation that matters more than any other: how much is it costing you to hold onto it versus how quickly you can actually sell?At Anaheim's median sale price of $909,500, landlords are looking at roughly $5,500 to $6,500 in total carrying costs per month. That's mortgage principal and interest, property taxes, insurance, maintenance reserves, and vacancy losses combined.The 40-Day RealityRight now, Anaheim homes are selling in a median of 40 days. That means even a smooth, well-priced sale will cost you at least $7,300 to $8,700 in holding costs before you close escrow.But here's where it gets expensive: every week you wait to list adds another $1,375 to $1,6...
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