The Real Cost of Renting
courtesy of Barbara Shelhart
Based on a 6% rental increase each Year, if you now
pay.......
|
|
$300 per
month |
$350 per
month |
$400 per
month |
$450 per
month |
$500 per
month |
$600 per
month |
$700 per
month |
|
|
You'll Pay |
You'll Pay |
You'll Pay |
You'll Pay |
You'll Pay |
You'll Pay |
You'll Pay |
|
This year |
$3,600 |
$4,200 |
$4,800 |
$5,400 |
$6,000 |
$7,200 |
$8,400 |
|
Next year |
$3,816 |
$4,452 |
$5,088 |
$5,724 |
$6,360 |
$7,632 |
$8,904 |
|
3rd
year |
$4,045 |
$4,719 |
$5,393 |
$6,067 |
$6,742 |
$8,088 |
$9,438 |
|
4th
year |
$4,288 |
$5,002 |
$5,717 |
$6,431 |
$7,147 |
$8,575 |
$10,005 |
|
5th
year |
$4,545 |
$5,302 |
$6,060 |
$6,817 |
$7,576 |
$9,054 |
$10,605 |
|
6th
year |
$4,818 |
$5,620 |
$6,424 |
$7,226 |
$8,031 |
$9,635 |
$11,241 |
|
7th
year |
$5,107 |
$5,957 |
$6,809 |
$7,660 |
$8,513 |
$10,210 |
$11,916, |
|
8th
year |
$5,413 |
$6,314 |
$7,218 |
$8,120 |
$9,023 |
$10,824 |
$12,630 |
|
9th
year |
$5,738 |
$6,693 |
$7,651 |
$9,023 |
$9,564 |
$11,472 |
$13,388 |
|
10th year |
$6,082 |
$7,095 |
$8,110 |
$9,564 |
$10,138 |
$12,164 |
$14,192 |
|
Total |
$47,452 |
$55,354 |
$63,272 |
$71,175 |
$79,094 |
$94,856 |
$110,719 |
In other words, you will pay and pay and pay!