u/7904b

18M liquid, two years from retirement. Frequently VRBO houses in the US Virgin Islands and plan to spend a good chunk of winters there. After a deep dive into financials it seems about 4 months is the breakeven for rent vs buy for the same quality place... $2 to $3M. This factors all op expenses, capital appreciation and opportunity costs. Assume not renting when not there. Can anyone give with second home that requires a flight especially internationally give me a gut check on that? Of course I understand having a place of your own and handing keys back/walking away are non financial benefits to also consider.