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September 11 Web Archive Collection

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http://www.forbes.com/tools/calculator/buy_vs_rent.jhtml

Archived: 10/09/2001 at 23:59:33

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HOME PAGE FOR THE WORLD'S BUSINESS LEADERS

 
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Buying vs. Renting
This simple calculator gives a quick read on the economic viability of buying, rather than leasing, a property. If the capitalization rate is 7% or more, the buyer is probably getting an acceptable deal. This calculator is also useful for renters who are weighing the possibility of buying. Just plug in your current rent and an estimate of how much it would cost to purchase the apartment you are now renting. Please, input numeric values (1000 or 1,000)

Purchase Price of Property: $
Monthly payment for similar apartment: $
Annual Operating Expenses: $

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