Rental Costs Annual rent Insurance Security deposit Buying Costs Annual mortgage payments Property taxes Insurance, main
Posted: Wed Jul 06, 2022 6:45 pm
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