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4 more people or couples to buy a house in St. John New Brunswick. Budget about $300,000.


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Each person or couple would need a deposit of about $13,397. The monthly cost for each person or couple will be about $1,373 all in. $1,373 includes all the costs of running the house, taxes, heat, hydro, insurance, internet etc and includes a fee to build cash reserves for major repairs or replacement of the HVAC system, roof, windows, doors, driveway. and other infrastructure when needed. In 5 years when the financing is paid in full, membership fees drop to house operating costs divided by the number of members for the rest of your life about $480 per person or couple. Your stock would have a value of the house value divided by the number of members.
If this interests you then join this club and make yourself known.

 

 

 

 

 

 

 

 




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