1.If you own property, you have to pay property taxes every year. Property tax is 2.5% of your property value.<br />2.Interest of loan. Now interest rate is 6.5% for one year.<br />3. When you buy or sale property you nees pay lawer fee, title fee and commission fee.<br />4.Insurance fee for you property.<br /><br />Example: $150,000<br />Taxes: $2700 per year<br />Interest: $150,000 *6.5%=9750 per year<br />Insurance: $500 per year<br />Repairing : $2000 per year<br />Buy expense: $2000 <br />Sale expense4000 including cleaning and repairing.<br />If you only own three year from now. Maybe you will lose money, because the interest will increase and the house price will drop.<br />