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Team #6 Rent vs. Buy (Real Estate)

Team #6 Rent vs. Buy (Real Estate). Stephen Mach Cyntia L. Castro Chris Caselli Soo Bin Yim. Introduction:. Comparing the costs for renting or buying a house. (Which is the better deal?) We will be comparing prices for renting vs. buying on a real house.

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Team #6 Rent vs. Buy (Real Estate)

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  1. Team #6Rent vs. Buy (Real Estate) Stephen Mach Cyntia L. Castro Chris Caselli Soo Bin Yim

  2. Introduction: • Comparing the costs for renting or buying a house. (Which is the better deal?) • We will be comparing prices for renting vs. buying on a real house. • Location of the house: Phillips Ranch • Cost for renting: $1695 per month • Cost for buying: $250,000 • We will also be looking at all other costs to get an accurate realistic result.

  3. Units of Comparison • Rent • Mortgage • Down Payment • HOA (Homeowner’s Association) • Property Tax • Home Appreciation • Cost of Home • Equity Earned • Sale Value • Years In Home • Inflation Rate

  4. Buying vs. Renting

  5. Resources • http://www.miseryindex.us/irbyyear.asp

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