Renting Vs. Buying a Home

Renting a Home

  • $1400 per month rent.
  • 5% annual rent increase.
  • After 5 years, you have spent $92,830 in rent.
  • Net equity gain: $0.
  • You have nothing to show after spending all this rent money.
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© 2006 by Joseph Kamenar, Home Investors LLC