Sheet1
| Cost to Buy | Cost to Rent | Investment Opportunity | Return from Sale | ||||||||
| Purchase Price | $600,000.00 | Monthly Rent | $3,000.00 | Rent/Buy Difference | $14,868.00 | 2 Years | -$88,726.00 | ||||
| One Time Fees | Return at 2 years | $30,330.72 | 5 Years | $6,501.00 | |||||||
| Down Payment (20%) | $120,000.00 | Return at 3 years | $46,411.95 | 10 Years | $138,363.00 | ||||||
| Deed Transfer Tax (3%) | $18,000.00 | Return at 4 years | $63,136.43 | ||||||||
| Purchase Closing Fee | $2,000.00 | Return at 5 years | $80,529.88 | ||||||||
| Selling Closing Fee | $2,000.00 | Return at 6 years | $98,619.08 | ||||||||
| Realtor Fees at 2 Years | $27,000.00 | Return at 7 years | $117,431.84 | ||||||||
| Realtor Fees at 5 Years | $30,000.00 | Return at 8 years | $136,997.12 | ||||||||
| Realtor Fees at 10 Years | $33,000.00 | Return at 9 years | $157,345.00 | ||||||||
| Return at 10 years | $178,506.80 | ||||||||||
| Monthly Fees | |||||||||||
| Montly Mortgage Payment | $2,534.00 | ||||||||||
| Condo Fees per Month | $1,055.00 | Rent at 1 Year | $36,000.00 | ||||||||
| Maintenance per Month | $50.00 | Rent at 2 Years | $72,000.00 | ||||||||
| Property Tax per Month | $600.00 | Rent at 5 Years | $180,000.00 | ||||||||
| Monthly Fees per Year | $50,868.00 | Rent at 10 Years | $360,000.00 | ||||||||
| One Time Fees at 2 years | $169,000.00 | Mortgage Balance | |||||||||
| One Time Fees at 5 years | $172,000.00 | 2 Years | $459,726.00 | ||||||||
| One Time Fees at 10 years | $175,000.00 | 5 Years | $421,499.00 | ||||||||
| 10 Years | $346,637.00 |