Blog Buyer 5 Years from now, what will your rent be?

5 Years from now, what will your rent be?

By Cristen Lincoln, September 24, 2019

4038 SE CARUTHERS ST, Portland, OR 97214

$359,000 (Sold)

  • 2 Bed
  • 1.0 Bath
  • 863 sqft.

Portland, OR, 97214

View Listing
  • Built in 1909
  • 863 sqft
  • $415.99/sqft
  • County: Multnomah

https://www.livingroomre.com/listings/19448156/

4038 SE Caruthers, Close in SE Portland

Why rent when buying is cheaper, and builds wealth?

Build your own equity and stop paying for your landlord’s house! This little gem has been a popular rental because of it’s amazing location and modern updates. Just steps from all the action on Division and Hawthorne, the location is stellar. Renters have been paying $1,950 per month as rent to call it home. You can own it for less! Priced well at $359,900 a mortgage for someone with good credit and just 5% down is closer to $1,810 per month*! Less than renting it! Getting your foot in the door on home ownership can be much easier than it seems, and you don’t need to move out of the city you love to do it. 5 years from now, what will your rent be? Lock down your living costs with a purchase, create housing stability and start building your net worth. Now is the time!

*based on current rates and good credit, interest may vary per person. See a loan professional for options.

Cristen Lincoln

Principal Broker | Earth Advantage | Business Development | OR

She/Her

Cristen has been a Portland real estate broker since 1993, giving her an exceptional understanding of the industry and the local market. She was born here, grew up here, and raised her own family here...
Read More
  • T: 503-260-2414
  • cristen@livingroomre.com

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