[dbjacobs]

Don't forget the opportunity cost of that $200K of equity. If that money invested earned 5%/yr on average that is another $10K/yr bringing your $700/mo to $1,533/mo. If you sell at $450K after 30 years, that mostly just makes up for that opportunity cost (30yrs at 5% would be 432K).

[hd95489]

No tax on the house. 30% tax on investment.

[nathants]

tax free for profit up to 250k or 500k if married. after that it’s taxed 30% too.