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At the upper end of your price range you can get an AR180B, A used(maybe even new) AR15. The SKS and the Romanian AK variants will hit the lower end of your spectrum(SKS is even below), and there are more expensive AKs that still fall under your price ceiling.
Just about any rifle will come with at least one mag, but usually only a 10 rd. Full capacity AK mags (30rd) are $6-8 I think, and AR 30rd USGI mags usually run about $20.
Where are you located?
The state you're in may have laws that will limit what you can legally purchase.
If you have laws like California, you can't buy anything with AR or AK in it, which pretty much limits you to the Mini-14 or 30, The SKS or the M1A.
One good, legal anywhere in US, choice would be an IAI M1 carbine. Well within your price range, controllable, easy-handling, with cheap mags. Debates may ensure re "stopping power".
There are a couple of companies that are circumsizing yugo SKS's for california import. They are pretty good rifles that load with stripper clips. Not QUITE as fast as a mag fed but not by much. And they are plenty combat accurate and run under $200.
vsse, when you say for home defense I think something like an sks or a mini 14 is overkill in a house or an apartment. With full metal jacket ammo the bullet is likely to leave you dwelling and wind up who knows where. One other thing as sks's go the yugo's that are selling are the biggest and the heaviest of sks's. If you look around you can find chinese sk's for around $200 and they aren't as big and bulky Here's a pic of one I almost sold foolishly a while back. Mark
For home defense you cannnot beat a 12gauge Shotgun. You have a wide assortment of ammo. ( I use No.4 Buckshot), and barrels. Just the sound of someone racking the slide will scare away most intruders.
You can get a Mossberg 500 very cheap.
You're willing to spend $700 on a rifle and worrying about a free magazine???
Second the emotion for a shotgun for home defense. Do some research on best loads. Birdshot = no. #1 buck is the best I've seen from # of pellets + velocity + penetration + lower risk of overpenetration of typical drywall. A rifle is sub-optimal for most of us for HD outside of military or in rural settings.
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