Teton Village Townhomes

Buy Vs Rent

Purchase Price	$119,900	HOA Monthly Fee	$50	Annual Maintenance	$0
Down Payment*	$2,038	Monthly Rental Income	$0	Est. Annual Appreciation	2.50%
Mortgage Rate	5.00 %	Capital Gains %	0%	Holding Peroid (Years)	5
Annual Taxes	$840	Est. Tax Deduction (for holding period)	$10,000	Alternative Monthly Rent	$900
*After $5K Homebuyer Grant, Closing Costs, and Down Pmt

Purchase		Sale		Buy Vs. Rent Comparison
Purchase Price	119,900	Estimated Sale Price	135,656.00	Holding Period Cost To Buy	(39,738.00)
Down Payment*	2,038.00	Less Purchase Price	(119,900)	Holding Period Cost to Rent	(54,000.00)
		Sales Commission (6%)	(7,194.00)	Est. Interest Tax Deduction	10,000.00
1st Mortgage (With all Closing Costs)	115,703.00	Profit	8,562.00	Benefit to Buying!	24,262.00
Mortgage PMT (P+1+1)	(685.00)	Less Cap Gains	0.00
		Net Profit (loss) on Sale	8,562.00
Taxes	(840.00)	Holding Period Revenue (Cost)	(48,300.00)	Other Factors to Consider:
Mortgage	(8,220.00)	Holding Period Gain (loss)	(39,738.00)	Effect of Holding Period
HOA	(600.00)			Cost of Insurance for Renting vs. Buying
Annual Maintenance	0.00			HOA Fee Benefits
Rental Income	0.00			Emotional Benefits of Owning
Annual Revenue (Cost)	(9,660.00)

All data is exemplary. Buyers should seek verification from competent and qualified legal and financial consultants. Interest rates and loan programs change daily. Payments and qualifications will vary based on specific credit scores, job history, debt ratios and other factors.