Sample Lease vs. Purchase 1800 Glenarm
*Unit 6C / 1,491 Square Feet (with improvements) |
| 10-Year Annual Average |
Lease
*$27/SF Starting Rate
with 3% Annual Increases |
Purchase
($463,940)
*10% Down Payment, 5.5% Interest
|
Office Occupancy Cost (-) |
($47,171) |
($47,278) |
Property Appreciation (3%) |
$0 |
$15,956 |
Mortgage Principal Paydown |
$0 |
$12,649 |
Effective Occupancy Cost (-) |
($47,171) |
($18,673) |
AVERAGE ANNUAL EQUITY BUILD-UP & SAVINGS: $28,605 |
TOTAL EQUITY BUILD-UP & SAVINGS OVER 10 YEARS: $286,050 |
* Consult your accountant for information on tax benefits of real estate ownership |
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