[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.19782760 [View]
File: 248 KB, 697x993, SmartSelect_20200525-171714_Gallery.jpg [View same] [iqdb] [saucenao] [google]
19782760

>>19779879
Average rent: $1,500
Average mortgage: $1,100

see pic

rent increases an average of 3-5% per year

https://www.fool.com/millionacres/real-estate-investing/rental-properties/what-average-rent-increase-year/

we'll be nice and say 3% :)

after 30 years, a rentcuck will have, on average, pissed away OVER $700,000

SEVEN
HUNDRED
THOUSAND
DOLLARS

a MortgageChad™ mortgage will remain the same

homes have historically increased in value by 3-5% per year

https://www.globalpropertyguide.com/North-America/United-States/Price-History

at the end of 30 years the MortgageChad will pay ~$800/month on average for property taxes and money set aside for repairs

The MortgageaChad will have ~ $413,000 (based in a $170,000 house) in equity despite paying ~$300,000 (@ 3% interest) over the course of the loan WHICH INCLUDES REPAIRS
PROPERTY TAX
INSURANCE
INTEREST

FOUR
HUNDRED
THOUSAND
IN
EQUITY

stay retarded, rentcucks

>> No.19776424 [View]
File: 248 KB, 697x993, SmartSelect_20200525-171714_Gallery.jpg [View same] [iqdb] [saucenao] [google]
19776424

>>19776020
>he thinks apartments are cheaper than houses
hahahahahahhahahahahhahahahahahahahah

>> No.19772170 [View]
File: 248 KB, 697x993, SmartSelect_20200525-171714_Gallery.jpg [View same] [iqdb] [saucenao] [google]
19772170

Average rent: $1,500
Average mortgage: $1,100

see pic

rent increases an average of 3-5% per year

https://www.fool.com/millionacres/real-estate-investing/rental-properties/what-average-rent-increase-year/

we'll be nice and say 3% :)

after 30 years, a rentcuck will have, on average, pissed away OVER $700,000

SEVEN
HUNDRED
THOUSAND
DOLLARS

a MortgageChad™ mortgage will remain the same

homes have historically increased in value by 3-5% per year

https://www.globalpropertyguide.com/North-America/United-States/Price-History

at the end of 30 years the MortgageChad will pay ~$800/month on average for property taxes and money set aside for repairs

The MortgageaChad will have ~ $413,000 (based in a $170,000 house) in equity despite paying ~$300,000 (@ 3% interest) over the course of the loan WHICH INCLUDES REPAIRS
PROPERTY TAX
INSURANCE
INTEREST

FOUR
HUNDRED
THOUSAND
IN
EQUITY

and a monthly bill that is a THIRD that of a rentcuck

stay retarded

>> No.19626828 [View]
File: 248 KB, 697x993, SmartSelect_20200525-171714_Gallery.jpg [View same] [iqdb] [saucenao] [google]
19626828

>>19626677
over the course of 30 years, a rentcuck will have pissed away $540,000 on rent @ the median rental rate of $1,500/month (pic related) this also assumes rent never goes up (lol)

net gain of negative $540,000

a homeowner will have spent $396,000 on mortgage payments (which include taxes and interest) over the course of 30 years and accrued ~$436 000 in equity (a $1,100 mortgage payment (includes taxes/interest) equates to purchasing a $180,000 house @ 3.5% down and 2.875% interest. home appreciates at the average rate of 3% a year)

net gain of positive $40,000

after 30 years, the homeowner comes out ahead of the rentcuck $580,000.

you can bitch about home repairs and then I'll just calculate the increase in rent and the disparity will be even greater

>> No.19625839 [View]
File: 248 KB, 697x993, SmartSelect_20200525-171714_Gallery.jpg [View same] [iqdb] [saucenao] [google]
19625839

>>19625821
get dabbed on, rentcuck

>> No.19334023 [View]
File: 248 KB, 697x993, SmartSelect_20200525-171714_Gallery.jpg [View same] [iqdb] [saucenao] [google]
19334023

>>19333892
>this kills the rentcuck

Navigation
View posts[+24][+48][+96]