Andy is further advised by the real estate agent that the estimated amount of stamp duty for
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Andy is further advised by the real estate agent that the estimated amount of stamp duty for the purchase of this flat is $198,000, the property insurance premium is $700 per month, the monthly property management fee is $2,650, renovation expense is $250,000 and the moving expense is $4,800. What is the total ongoing monthly housing expenses Andy expects to spend on this flat, as a home-owner?
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