RENT VS OWNING
YOU CAN OWN A HOME WITH MINIMUM OF 5% DOWN!
STOP BURNING YOUR MONEY RENTING!
LET ME SHOW YOU HOW!
|
TODAY
|
RENT
|
BUY
|
|
Purchase
|
0.00
|
$300,000.00
|
|
Monthly Payment
|
$1300.00
|
$1265.00
|
|
Parking/Utilities
|
$300.00
|
$350.00
|
|
Property Insurance
|
|
$40.00
|
|
4% Annual Increase
|
$52.00
|
0.00
|
|
Property taxes
|
0.00
|
$250.00
|
|
Total Spent Each Month
|
$1652.00
|
$1865.00
|
|
|
|
5 YEARS LATER
|
|
|
|
You Spent On Rent/Mortgage
|
$99,120.00
|
$111,900.00
|
|
Property Appreciation per year (5%Avg)
|
0.00
|
$75,000.00
|
|
Your Property Value After 5 yrs
|
0.00
|
$375,000.00
|
|
You Owe Mortgage After 5 yrs
|
0.00
|
$271,500.00
|
|
Net Worth
|
0.00
|
$103,500.00
|
|
|
|
After 5 years of Rent/Mortgage
|
$99,120.00
|
$103,500.00
|
|
By owning a home you will have an equity of $103,500.00 & by rent NOTHING!
|
The information above is an approximate estimate!
It does not represent the actual figures.
Joseph Azimi
Sales Representative
Remax Real Estate Centre Inc. Brokerage.
905.456.1177 (Office)
905.456.1107 (Fax)
647.588.7171 (Direct)
BUY SMART, SELL SMART....
"I WILL BE HONORED IF YOU REFER MY SERVICES TO FAMILY AND FRIENDS."
"I AM LOOKING FORWARD TO YOUR REFERRALS."
