Based on a 6% Rental Increase Each Year, If You Now Pay…
|
.
|
$600
Month |
$700
Month |
$800
Month |
$900
Month |
$1,000
Month |
$1,200
Month |
$1,400
Month |
$1,600
Month |
|
This
Year |
$7,200
|
$8,400
|
$9,600
|
$10,800
|
$12,000
|
$14,400
|
$18,800
|
$19,200
|
|
Next
Year |
$7,632
|
$8,904
|
$10,176
|
$11,448
|
$12,720
|
$15,264
|
$17,808
|
$20,352
|
|
3rd
Year |
$8,090
|
$9,438
|
$10,787
|
$12,135
|
$13,483
|
$16,180
|
$18,876
|
$21,573
|
|
4th
Year |
$8,575
|
$10,005
|
$11,434
|
$12,863
|
$14,292
|
$17,151
|
$20,009
|
$22,868
|
|
5th
Year |
$9,090
|
$10,605
|
$12,120
|
$13,635
|
$15,150
|
$18,180
|
$21,210
|
$24,240
|
|
6th
Year |
$9,635
|
$11,241
|
$12,847
|
$14,453
|
$16,059
|
$19,270
|
$22,482
|
$25,694
|
|
7th
Year |
$10,213
|
$11,916
|
$13,618
|
$15,320
|
$17,022
|
$20,427
|
$23,831
|
$27,236
|
|
8th
Year |
$10,826
|
$12,631
|
$14,435
|
$16,239
|
$18,044
|
$21,652
|
$25,261
|
$28,870
|
|
9th
Year |
$11,476
|
$13,389
|
$15,301
|
$17,214
|
$19,126
|
$22,951
|
$26,777
|
$30,602
|
|
10th
Year |
$12,134
|
$14,192
|
$16,219
|
$18,246
|
$20,274
|
$24,328
|
$28,383
|
$32,438
|
|
TOTAL . |
$94,901
|
$110,721
|
$126,537
|
$142,353
|
$158,170
|
$189,803
|
$221,437
|
$253,073
|
Think about the home you could have purchased using that money.
Not to mention the potential annual tax deduction for mortgage interest paid!
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