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justlikeofficespace OP t1_j1v701m wrote

Reply to comment by Arcidamus in [OC] Annual Finances of a Millennial Saving Up for a House (made with SankeyMATIC) by justlikeofficespace

Goal is around $200k. I live in a high COL area so anything under $1M would be a win. Realistically 3b2ba for $7-800k would be nice.

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jordanr03 t1_j1wlmra wrote

Your plan is a $600K mortgage? Are you expecting a jump in income shortly? More help?

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justlikeofficespace OP t1_j1wogb5 wrote

The goal is to get into a house where I can rent out 2 of the rooms to help out with the mortgage. My income will increase 5% every year (until capped out) with additional salary adjustments based on the negotiated bargaining contracts from the union.

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