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The High Cost of Renting
How much will you be paying in rent 2 years from now? Rental rates will keep going up.
How much will you have paid out in rental dollars $40,000…$65,000…$100,000?
No one has all the answers…but we do know based on past evidence, rents and house prices will increase.
Your rent dollars are wasted dollars that add up to a lot of nothing!
Money spent on your own home is an investment in your family’s future!
Based on a 4.9% increase each year,
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If the rent you pay is:
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$675.00
per month
YOU’LL PAY
|
$750.00
per month
YOU’LL PAY
|
$875.00
per month
YOU’LL PAY
|
$925.00
per month
YOU’LL PAY
|
|
THIS YEAR
|
12,000
|
14,000
|
16,800
|
19,200
|
|
NEXT YEAR
|
12,360
|
14,832
|
17,304
|
19,776
|
|
3RD YEAR
|
12,731
|
15,277
|
17,823
|
20,369
|
|
4TH YEAR
|
13,113
|
15,735
|
18,358
|
20,980
|
|
5TH YEAR
|
13,506
|
16,207
|
18,908
|
21,610
|
|
6TH YEAR
|
13,911
|
16,694
|
19,476
|
22,258
|
|
7TH YEAR
|
14,329
|
17,194
|
20,060
|
22,926
|
|
8TH YEAR
|
17,758
|
17,710
|
20,662
|
23,613
|
|
9TH YEAR
|
15,201
|
18,241
|
21,282
|
24,322
|
|
10TH YEAR
|
15,657
|
18,789
|
21,920
|
25,052
|
|
TOTAL RENT
|
137,556
|
165,079
|
192,593
|
220,106
|
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