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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
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$750.00
per month
YOU’LL PAY
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$875.00
per month
YOU’LL PAY
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$925.00
per month
YOU’LL PAY
|
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THIS YEAR
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12,000
|
14,000
|
16,800
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19,200
|
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NEXT YEAR
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12,360
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14,832
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17,304
|
19,776
|
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3RD YEAR
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12,731
|
15,277
|
17,823
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20,369
|
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4TH YEAR
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13,113
|
15,735
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18,358
|
20,980
|
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5TH YEAR
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13,506
|
16,207
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18,908
|
21,610
|
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6TH YEAR
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13,911
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16,694
|
19,476
|
22,258
|
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7TH YEAR
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14,329
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17,194
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20,060
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22,926
|
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8TH YEAR
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17,758
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17,710
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20,662
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23,613
|
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9TH YEAR
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15,201
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18,241
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21,282
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24,322
|
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10TH YEAR
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15,657
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18,789
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21,920
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25,052
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TOTAL RENT
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137,556
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165,079
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192,593
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220,106
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