My brother got me thinking about the cost-per-annum expense of the furniture and appliances I’m selling as I move out of my old place.
I lived uptown for five years, and my furniture at the most was that old (some pieces far less). Factoring in what I get back for the items, even as I sell things cheap, I make out OK:
Item Retail Resale Yrs CPA
Bed . . . . . . . . . . . . $600 $150 5 $90
Dining table and chairs . . 250 50 5 50
Wall unit . . . . . . . . . 350 150 5 40
Dresser . . . . . . . . . . 120 10 5 22
Microwave stand . . . . . . 100 25 5 15
Bedroom lamps . . . . . . . 110 45 5 13
Coffee table . . . . . . . 50 10 4 10
Vacuum . . . . . . . . . . 60 20 5 8
Foyer table . . . . . . . . 40 10 4 8
Even the expensive stuff, like the bed, comes out under $10/month. Not bad.
That $150 wall unit is a steal, by the way. And wait’ll someone buys my $950 sofabed for less than three hundred bucks.