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Dockrey Apartments

Rent To Own

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Cost comparison
  Renting Rent To Own
Year /mnth /year total /mnth /year total
1 $ $ $750 $9000
2 $ $ $ $750 $9000 $18000
3 $ $ $ $750 $9000 $27000
4 $ $ $ $750 $9000 $36000
5 $ $ $ $750 $9000 $45000
6 $ $ $ $750 $9000 $54000
7 $ $ $ $750 $9000 $63000
8 $ $ $ $750 $9000 $72000
9 $ $ $ $750 $9000 $81000
10 $ $ $ $750 $9000 $90000
11 $ $ $ $750 $9000 $99000
12 $ $ $ $750 $9000 $108000
13 $ $ $ $750 $9000 $117000
14 $ $ $ $750 $9000 $126000
15 $ $ $ $750 $9000 $135000
16 $ $ $ $750 $9000 $144000
17 $ $ $ $750 $9000 $153000
18 $ $ $ $750 $9000 $162000
19 $ $ $ $750 $9000 $171000
20 $ $ $ $750 $9000 $180000
 $ $180000

Rent :: Rent–to–own comparison

Basic Rent $
Yearly Rental Increase
    For your consideration
  • The price to rent: a small three bedroom home $700pcm
  • Guess-timated Rental increase 5%/year for 20 years = $278,136 actual current rental increase ≈8%/year
  • After 4 years, the renter is paying more each month than the renter-to-own,
  • After 20 years, the renter-to-own owns the property
  • After 20 years, the renter has paid ninety-eight thousand dollars more and owns nothing
Further information on Rent to Own