A Modern Brand New One Bedroom (H Street) for $780 Per Month?

Check out this one bedroom, one bath new modern condo at Trolle Station on H Street (1815 BENNING Rd NORTHEAST #1).

This unit features a gourmet kitchen with granite counters, stainless steel appliances, and dark hardwood floors. There’s also a private patio off of master bedroom.  It’s listed for $230,000.  See how affordable this home could be in the Cribline Math analysis below.

Cribline Math: With 20 percent down on $230,000 of $46,000, the mortgage would be $184,000. At an estimated 4.45 percent for 30 years the gross payment would be about $1,110 per month.  After tax deductions the net payment would be about $775 per month.  The condo fee is $176 per month.  

This is a find!

Happy affordable house hunting!