TriCap Realty Consultants - Renting Vs. Buying in College Station, Texas

 

If You Rent...

RENT
($475 x 12 mo. x 4 yr.)
$22,800
Four Year Total $22,800
(Paid to Owner)

 


One bedroom of a four bedroom house for your child's expected college career (4 years), you can expect to pay at least $475 dollars a month for forty-eight months.

After 4 years that is $22,800 that you will never see again.

 

If You Buy....

Purchase Price $180,000
Cash to Close $44,632
Monthly Income $1,900
Monthly Expenses (PITI) $1,361
Monthly Cash in Pocket $539
Four Year Total $25,872
(In Your Pocket)

 


A four bedroom house for your chidl and their fiends, you could earn $25,872 and net $539 monthly.  During your child's four years, you can benefit from tax advantages, appreciation, and a great place to stay for Aggie Football games.

 

For more information about Renting vs. Buying, contact TriCap Realty Consultants today!

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TriCap Realty Consultants, Inc

 

Brazosland Classic Realty

Disclaimer - based on 20% Down Payment at 6% interest, this will vary per applicant.

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