Renting
vs. Ownership
Can You Really Afford To Rent? Isn't It Time You Got More For Your Money?
If Your Rent
Per Month is . . |
You Will Pay This* While Losing Tax Benefits and
Appreciation: |
|
| In 3 Years |
In 5 Years |
In 10 Years |
| $250 |
$9,930 |
$18,315 |
$47,823 |
| 350 |
13,900 |
25,600 |
66,900 |
| 400 |
15,900 |
29,300 |
76,500 |
| 450 |
17,880 |
33,000 |
86,220 |
| 500 |
19,860 |
36,630 |
95,625 |
| 550 |
21,846 |
40,294 |
105,187 |
| 600 |
23,832 |
43,957 |
114,750 |
| 650 |
25,818 |
47,620 |
124,304 |
| *Assumes a 10% Annual Rent
Increase |
|