How would you only be paying $6k&#x2F;year property tax? I&#x27;d expect more than $10k&#x2F;year or around 850&#x2F;month.<p>The property tax rate is 1.1826% of assessed value in SF (1% state + a small % local). And your initial assessed value is based on your purchase price.<p>I think it&#x27;s more realistic to say you&#x27;d be spending close to 4500&#x2F;month net assuming you didn&#x27;t live in a place with an HOA. If you live in a condo with an HOA, you could easily be spending 5000 to 5500&#x2F;month.<p>On the plus side, at least you get to deduct all that mortgage interest and property tax on your federal taxes. When you are paying 3k&#x2F;month+ in interest and taxes, that&#x27;s a really nice tax advantage over renting a similar property.