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What Is TCO, and Why Do You Need It as Part of Your Investment Strategy?

Don't forget to include this important calculation in your investment strategy.

[Updated: Mar 04, 2021 ] Feb 04, 2020 by Tara Mastroeni

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Purchase price $150,000
Buying closing costs $3,000
Repairs $20,000
Property taxes $2,500
Homeowners insurance $100
Utilities $2,000
Selling closing costs $3,000
Total cost of ownership (TCO) $180,600

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