The Financial Advantages of Renting vs. Buying |
 5% OFF on Select Apartments*
WON'T LAST LONG - CLICK HERE |
The typical expense of home ownership can be much higher than you might think, from lawn care to leaks, painting to plumbing. Not to mention the condo and HOA fees, the taxes, and those very special assessments.
As a resident of The Marque at Heritage Hunt, there are no worries about down payments or fear of falling house prices! No maintenance costs! Rather, spend the savings on your dream vacation. Lock it up and go! It's that easy!
Never before has renting provided so many benefits than at The Marque at Heritage Hunt, where you can get the most out of life for less cost.
- Free up your equity and make better investments
- Travel worry-free
- No down payment
- No hidden costs
- No property taxes
- No condo or maintenance fees
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"...I would have made far more money had I instead rented and used the purchase money to buy stocks."
~ Warren Buffet, 2011
read the complete article
*This offer is subject to change without notice.
See Leasing Manager for details. |
| BUY: |
| Purchase price of a luxury two bedroom, two bath condominium: |
$350,000 |
| Down Payment: |
($100,000) |
| Mortgage Amount |
$250,000 |
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| Annual mortgage payment based on 6.5% constant |
$16,250 |
| Annual real estate taxes and insurance |
4,200 |
| Annual condominium fees |
3,600 |
| Loss of investment income on down payment ($100,000 @ 7%) |
7,000 |
| Home maintenance |
6,000 |
| Income tax savings (assumes $60,000 annual household income, 30% tax bracket) |
(4,500) |
| Total annual costs of owning a condominium home |
$32,350 |
|
| RENT: |
| Rent a luxury two bedroom, two bath apartment at The Marque at Heritage Hunt (annual) |
$22,272 |
| Mortgage payment, real estate taxes, insurance and condominium fees |
0 |
| Loss of investment income on savings |
0 |
| Home maintenance costs |
0 |
| Total annual costs of renting a luxury apartment home at The Marque |
$22,272 |
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