Much Rent do you really pay?

Your present You will have paid the following amounts to your landlord
Monthly Rent is:

3 Years

5 Years

10 Years

20 Years

30 Years

$800

$30,264

$53,046

$120,748

$317,430

$637,813

$1000

$37,830

$66,308

$150,935

$396,791

$797,299

$1200

$45,369

$79,569

$181,122

$476,150

$956,719

$1400

$52,962

$92,831

$211,309

$555,508

$1,116,173

$1600

$60,528

$106,092

$241,496

$634,866

$1,275,626

$1800

$68,094

$119,354

$271,682

$714,225

$1,435,079

$2000

$75,660

$132,615

$301,869

$793,583

$1,594,532

$2200

$83,226

$145,877

$332,056

$872,941

$1,753,986

$2400

$90,792

$159,138

$362,243

$952,299

$1,913,439

 

Compare the Advantages. Should You Rent or Own? Rent Own
Deduct mortgage interest in calculating income tax? No Yes
Deduct real estate taxes in calculating income tax? No Yes
Build equity? No Yes
Hedge against inflation? No Yes
Improvements within the apartment contribute to future value? No Yes
Resale in years to come? No Yes
Property can be put in a trust? No Yes
Property can be passed on to your heirs? No Yes
Property can be mortgaged? No Yes
Voice in building management? No Yes
Fixed principal and interest payments that help stabilize monthly living costs? No Yes
475 west 12th street Denver, Colorado 80204 303 - 262 -7881
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