Spanos Park West or East or Brookside remains great places to live. However, with a more desirable neighborhood comes more expense. HOA's and higher taxes, not to mention a higher price for the home in this buyer rich environment. The higher cost for the home will ultimately erodes your monthly margin. The best thing you can do is estimate what you would like in terms of cash flow, identify a price range and the necessary renal rate and then find the best possible home and location that fits that criteria. While there may be pride of ownership by owning an investment in Spanos, it may not be the right neighborhood for you in terms of a return on investment.
I hope this helps,
â€œWithout Question, Committed to Your Success!"
Rocky G.H. Hawrysz | Prudential California Realty
(209) 444-6610 â€“ Direct | Rocky@PruCalifornia.com | www.TeamHawrysz.com | License No. 01468373