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Buying vs. Renting

JTS' Real Cost of Homeownership

Current rent per month: $ x 12 months = $ per year for 30 years = $

Future rent increases per year: estimated x 30 years = $ rent in 30 years

home selection analysis:

Total initial investment: $ Total monthly investment (PITI, dues, etc): $

Ownership benefits:

Historical appreciation: % x $ = $ / 12 months			= $ monthly return
Equity build up (principal reduction):			= $ monthly return

	Tax Shelter	Tax Bracket
Total property tax write-off (monthly):	$	x	= $ monthly return
Total interest write-off (monthly):	$	x	= $ monthly return
Depreciation write-off (if rented out)(monthly):	$	x	= $ monthly return
Total Ownership benefits:		A. Monthly	= $
		B. Annual	= $

Additional financial benefits will result because the interest and property taxes are fully deductible and substantially lower your tax bracket on both your federal and state income tax returns.

the real cost per month – recap:

Total monthly investment:	$
Less ownership benefits:	$ (from line "A" above)
Total net effective monthly costs:	$ vs. rent per month $

Additional financial benefits will result because the interest and property taxes are fully deductible and substantially lower your tax bracket on both your federal and state income tax returns.

The above quoted figures are estimates only. No representation is made as to legal accounting or tax planning. All individuals should obtain their own professional help in these areas.

LEGAL DISCLAIMER: Square footages are approximate. Square footage calculations may vary. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include using designated lenders and closing agents. JTS reserves the right to change or withdraw any offer at any time without obligation. Illustrations are artist's depictions only and may differ from completed improvements. In a continuing effort to make product improvements, JTS Communities reserves the right to change designs, features, floorplans and pricing without prior notice. This Web Site could include outdated information, inaccuracies or typographical errors. For this reason, pricing posted on the web site is not guaranteed. Please contact your sales representative for current information.