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Rent or Buy? Running the Numbers on Two 1 Bedroom Condos

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We were pretty excited when StreetEasy, a service long available to our New York counterparts, went live in the D.C. metro area. In addition to being a helpful real estate search engine and aggregate for rental listings they've also given Curbed some numbers to determine whether these one bedroom condos in Penn Quarter and U Street are worth renting or buying. The listed data assumes a 3.73% mortgage rate and a 20% downpayment.

Address: 631 D Street NW #1034
Sale Price: $435,000
Maintenance/Taxes: $415/month
Total monthly costs when buying: $2,023
Rental price: $2,450/month


Address: 2125 14th Street NW #433
Sale Price: $425,000
Maintenance/Taxes: $352/month
Total monthly costs when buying: $1923
Rental price: $2990/month
· Streeteasy's New DC-Centric Search Engine Goes Live Today [CDC]
· StreetEasy DC [Official Site]