The Cost of Renting
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There are many reasons why people rent and do not buy their own home.
The most common reasons we are told is that renters:
(2) Are unfamiliar with the area
(3) Think they do not qualify to purchase a home, or
(4) They know that they don't qualify for a loan and want time to repair their credit
We have provided the following information just to put the cost of renting in perspective.
If at some point in time you choose to purchase, please contact us and we can get you pre-qualified
or pre-approved for a home loan and represent you through the home-buying process! If you rent one
of the homes we manage and you subsequently decided to purchase a home and use us as your
Advocate/Buyer's Agent, we are happy to offer you one (1) month's free rent! Ask us for more
details! It's a good deal and a win-win situation!
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| Monthly rent |
1st year |
2nd year |
3rd year |
4th year |
5th year
| | $550.00 |
$6,600.00 |
$13,200.00 |
$19,800.00 |
$26,400.00 |
$33,000.00
| | $600.00 |
$7,200.00 |
$14,400.00 |
$21,600.00 |
$28,800.00 |
$36,000.00
| | $650.00 |
$7,800.00 |
$15,600.00 |
$23,400.00 |
$31,200.00 |
$39,000.00
| | $700.00 |
$8,400.00 |
$16,800.00 |
$25,200.00 |
$33,600.00 |
$42,000.00
| | $750.00 |
$9,000.00 |
$18,000.00 |
$27,000.00 |
$36,000.00 |
$45,000.00
| | $800.00 |
$9,600.00 |
$19,200.00 |
$28,800.00 |
$38,400.00 |
$48,000.00
| | $900.00 |
$10,800.00 |
$21,600.00 |
$32,400.00 |
$43,200.00 |
$54,000.00
| | $1,000.00 |
$12,000.00 |
$24,000.00 |
$36,000.00 |
$48,000.00 |
$60,000.00
| | $1,200.00 |
$14,400.00 |
$28,800.00 |
$43,200.00 |
$57,600.00 |
$72,000.00
| | $1,500.00 |
$18,000.00 |
$36,000.00 |
$54,000.00 |
$60,000.00 |
$75,000.00
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