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What is your rent really costing?

I have a wonderful friend who is now looking for a job in Title work, she is a closer, if you know of anyone who is hiring I'd like to give them her information. She is the one who shared the idea for this chart with me and I love to use it with tenants who are still confused about their choices. Does it help you?

Monthly rent	2 years	3years	4years	5year	6years	7years	8years	10years	15 years
400	9600	14400	19200	24000	28800	33600	38400	48000	72000
450	10800	16200	21600	27000	32400	37800	43200	54000	81000
500	12000	18000	24000	30000	36000	42000	48000	60000	90000
550	13200	19800	26400	33000	39600	46200	52800	66000	99000
600	14400	21600	28800	36000	43200	50400	57600	72000	108000
650	15600	23400	31200	39000	46800	54600	62400	78000	117000
700	16800	25200	33600	42000	50400	58800	67200	84000	126000
750	18000	27000	36000	45000	54000	63000	72000	90000	135000
800	19200	28800	38400	48000	57600	67200	76800	96000	144000
850	20400	30600	40800	51000	61200	71400	81600	102000	153000
900	21600	32400	43200	54000	64800	75600	86400	108000	162000
950	22800	34200	45600	57000	68400	79800	91200	114000	171000
1000	24000	36000	48000	60000	72000	84000	96000	120000	180000
1050	25200	37800	50400	63000	75600	88200	100800	126000	189000
1100	26400	39600	52800	66000	79200	92400	105600	132000	198000
1150	27600	41400	55200	69000	82800	96600	110400	138000	207000
1200	28800	43200	57600	72000	86400	100800	115200	144000	216000
1250	30000	45000	60000	75000	90000	105000	120000	150000	225000
1300	31200	46800	62400	78000	93600	109200	124800	156000	234000
15 years of renting could pay full price for the average home in Collin county. Paid in full! Just a thought.

Collin County Texas tenants should be considering homeownership while the housing prices are low and the interest rates are still good.

Doris Barnett NAR Certified e-PRO Trainer

RE/MAX Associates of Dallas

1221 Abrams #130

Richardson, TX 75081

972-907-0000 x 212

Posted by Doris Barnett-e-PRO Professional Trainer on 10/19/2007 02:04 PM

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collin, texas, tx, tenant, rent, buy, buyer, plano, frisco, home, chart

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This post has been included in Texas Real Estate News Collin County, TX Real Estate News

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Doris Barnett-e-PRO Professional Trainer

Plano, TX

More about me…

RE/MAX Associates of Dallas

Address: 1221 Abrams, Richardson, TX 75081, Plano, TX, 75023

Office Phone: (972) 907-0000 x 212

Cell Phone: (214) 236-2908

Email Me

Technical Trainer blogging about real estate and common sense ways of systematizing your business. When I learn something new, I specialize in helping North Texas real estate agents build better businesses.

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