Buy vs Rent: What's Inside

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Once you have created a Buy vs. Rent report, you can further customize the report using the left hand menu. To learn more about the report, check out the sections below:

  1. Under Estimated Cashflow you can view the full Buy vs Rent breakdown. This comparison is based on the information in the four tabs to the left side of the report and the area.
  2. You can see the total monthly expenses for both buying and renting in the first year. This total monthly payment is broken down by Monthly P&I, Property Taxes/Insurance and Maintenance. You can see the total monthly cost next to Monthly Exp. The third column shows what the total monthly rental payment will be in the future (the year shown can be changed in the Home Ownership tab).
  3. The chart to the right shows the monthly costs for both buying and renting each year. The blue bar represents the monthly cost if you were to buy a home and the monthly rental amount is in purple. 
  4. The Cashflow Difference shows what your customer’s total cash flow would be over the set number of years. The calculator defaults to nine years. However, you can change the number of years under the Home Ownership drop down tab.

  1. Below the cashflow you can see the total amount of Appreciation gained on the home (based on either historical or forecasted appreciation) and the Amortization gained over the amount of years entered in the scenario. 
  2. Finally, you can see the Net Gain by Buying a Home. Net Gain includes the cost to sell, cash flow difference, closing costs, gains such as appreciation and amortization and any tax benefit.
  3. The last line item in the Estimated Cashflow table shows the Total Cashflow for buying and renting over the selected number of years.  These numbers include all Monthly Expenses, which scale with the Annual Property Tax Increase (found in the Property tab) and Annual Rent Increase (found in the Renting tab).
  4. Beneath the Estimated Cashflow table, we display the Interest Rate and APR.  Click the pencil icon to adjust the APR.

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