Mortgage Payment versus Renting $0 $1000.00 $1100.00 $1175.00at Asbury Woods --------------------------------------------------------------------------------------------------------------------------------------------
Real Estate Taxes $240.00 0 0 0--------------------------------------------------------------------------------------------------------------------------------------------
Homeowners Insurance versus 50.00
Renters Insurance 20.00 20.00 20.00
--------------------------------------------------------------------------------------------------------------------------------------------
Duke Energy Even Billing $175.00 40.00 60.00 60.00--------------------------------------------------------------------------------------------------------------------------------------------
Sewer & Water Expense 35.00 0 0 0--------------------------------------------------------------------------------------------------------------------------------------------
Estimate Interior Home 50.00 0 0 0
Maintenance--------------------------------------------------------------------------------------------------------------------------------------------
Estimate Exterior Home 50.00 0 0 0
Maintenance--------------------------------------------------------------------------------------------------------------------------------------------
Estimate Interior Home 50.00 0 0 0
Maintenance
Lawn Mowing, Leaf and Snow
Removal, etc--------------------------------------------------------------------------------------------------------------------------------------------
Total Monthly Expenses $534.00 $1060.00 $1180.00 $1255.00
--------------------------------------------------------------------------------------------------------------------------------------------
Additional Monthly Income 0 (490.00) (490.00) (490.00)
Received from Investing House
Sale Proceeds ($196,000) in
Three (3%) Percent
Monthly Distribution Annunity--------------------------------------------------------------------------------------------------------------------------------------------
NET COST of Homeownership $534.00 $570.00 $690.00 $765.00
versus
Renting Your New Home at
ASBURY WOODS
--------------------------------------------------------------------------------------------------------------------------------------------
* Actual Figures for a house located at 6760 Salem Rd. in Mt Washington which sold for $196,000 on September 28, 2009.
Utilities, insurance, water & sewer received from Duke Energy, Cincinnati Water Works and insurance agent, etc.