Why Rent?
RENTING AT ASBURY WOODSVERSUSSTAYING IN YOUR HOMEWhy are you waiting? Let us help you make the choice for a more carefree affordable living.
Is the mortgage loan on your home paid-off? Have you considered other costs associated withhomeownership? They exist and continue to rise year after year; real estate taxes, homeowners insurance,utilities, house maintenance, exterior maintenance, etc.
Estimated Monthly Expenses
Staying in VERSUSYOUR HOME Moving to your NEW HOME @ ASBURY
Is the mortgage loan on your home paid-off? Have you considered other costs associated withhomeownership? They exist and continue to rise year after year; real estate taxes, homeowners insurance,utilities, house maintenance, exterior maintenance, etc.
Estimated Monthly Expenses
Staying in VERSUSYOUR HOME Moving to your NEW HOME @ ASBURY
Description Homeownership One Bedroom Two Bedroom Two BR Deluxe
Monthly Expense Monthly Exp Monthly Exp Monthly Exp
Mortgage Payment versus Renting $0 $1200.00 $1400.00 $1550.00at Asbury Woods --------------------------------------------------------------------------------------------------------------------------------------------
Real Estate Taxes $240.00 0 0 0--------------------------------------------------------------------------------------------------------------------------------------------
Homeowners Insurance versus 50.00
Renters Insurance 20.00 20.00 20.00
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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 $1260.00 $1480.00 $1630.00
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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 $770.00 $990.00 $1140.00
versus
Renting Your New Home at
ASBURY WOODS
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* 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.
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Security Deposit = 1 month rent. Pet Deposit additional $300, plus $35 per month