Rental Costs Annual rent Insurance Security deposit Buying Costs Annual mortgage payments Property taxes Insurance, main

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Rental Costs Annual Rent Insurance Security Deposit Buying Costs Annual Mortgage Payments Property Taxes Insurance Main 1 (59.47 KiB) Viewed 13 times

Rental Costs Annual rent Insurance Security deposit Buying Costs Annual mortgage payments Property taxes Insurance, maintenance Down payment, closing costs Growth in equity Estimated annual appreciation Rental cost Buying cost $ 7,670 199 1,190 Assume an after-tax savings interest rate of 5 percent and a tax rate of 28 percent. a. Calculate the total rental cost and total buying cost. Total Cost $ 10,720 ($ 9,631 is interest) 2,140 1,230 4,500 1,089 2,300