fill
fill
fill
Wendy Darling
fill
(808) 792-3910
(808) 445-5354
wendyd@
bhhshawaii.com

HI Lic # RS-77800
fill
fill
fill
fill
fill
fill
fill

                                

 

 

According to Wall Street Journal, the average student loan debt is $35,000. Housing alone runs about $12,000/yr, which translates to about $48,000 by the time a student graduates; That is $48,000 thrown a way. How would you like to keep some of that money and possibly gain more? I can show you how to do that, by purchasing an investment property. Student’s monthly rent will become mortgage payments, and roommates can help subsidize the mortgage. After graduation, the family can sell the property, or continue to rent it out for income. The following information will show you why and how you should make this investment.

Based on 2 Occupants

 

Dorm

Renting

Purchase ($300,000 20% DP)

Security Deposit/ Down Payment

$900

$925

$60,000

Monthly Cost

$900

$925

$989

Yearly Cost

$10,800

$11,100

$11,868

4 year degree cost

$43,200

$44,400

$47,472

Payment Savings 4 years

$0

$0

-$1,200

Amount Invested after 4 years

$0

$0

$16,587

Tax savings after 4 years

$0

$0

$12,344

Savings

$0

$0

$27,731