MCC – How Renting Adds Up
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How Renting Adds Up

Posted on March 26, 2013 by Curt Schreiber in Uncategorized

Use the table below to calculate how much money you will have paid in rent by the time you finish your degree. When you pay rent, you are paying the landlord’s mortgage and you get nothing, while the landlord receives all the Tax Benefits and Appreciation from owning real estate.

Years Until Graduation

Monthly Rent
Two Years
Three Years
Four Years
Five Years
Six
Years
$300
$7,200
$10,800
$14,400
$18,000
$21,600
$325
$7,800
$11,700
$15,600
$19,500
$23,400
$350
$8,400
$12,600
$16,800
$21,000
$25,200
$375
$9,000
$13,500
$18,000
$22,500
$27,000
$400
$9,600
$14,400
$19,200
$24,000
$28,800
$450
$10,800
$16,200
$21,600
$27,000
$32,400
$500
$12,000
$18,000
$24,000
$30,000
$36,000

Your Landlord says “Thank You”.

Look at the next page to see the amount in TAX BENEFITS you could have earned last year in addition to building equity, if you had owned a condo or townhome to live in instead of renting.


2 comments

  1. Pingback: MCC Why Buy - MCC

  2. Rents will be affected by inflation just like other consumer goods. We are already seeing rents rise dramatically all over northern Colorado. Mortgage payments, however, will be locked in for the term of the loan and rates are at or near the lowest they have been in our lifetimes. High demand for residential rental properties from both local investors as well as large national investment groups is a result of high returns they can get on their rentals. That means renting is not a winning long term strategy.

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