Toms River NJ- Own this 2 bedroom & 1 bath for $6,000 & $1,812 a month (Taxes, Ins. & Mortgage) Rent in the area 2 bed 1 bath = 4 available for rent in my MLS price range $2,250-$2,435 - All numbers for the rental are based on $2,250 Deposit = $3,375 /to get in $5,625 (deposit & 1st month rent) & $2,250
Ever ask yourself that question: should I buy or rent? I break it down for you and some of the factors involved with each choice
OWN for less than renting-NJ- Adventures in Real Estate [email protected] https://kathleen-bloomanen.weichert.com
Price = $200,000
Buy = 3% down= $6,000 & $1,812 a month (includes Ins. Taxes, HOA & Mortgage)
Rent (in the same neighborhood) deposit = $3,375 + first month = $5,625 to get in
and $2,250 per month
In 2 years :When you leave-
Buy/OWN= Sell or Rent it out
Rent = You could walk a way with $3,375 and you gave your landlord $54,000 (for 2 years of rent)
Own for less than renting- In this series I bring you properties for sale in NJ when you run the numbers it is less than renting a similar property in that area - I base the numbers on 2% down conventional loan ,I include all set numbers into the monthly amount = Mortgage, Taxes, Homeowners insurance, Association fees or Home Owner Association fees (if apply) , Flood insurance (if apply) the monthly payment, I quote does not include utilities (in example: water ,gas, electric, cable, internet, sewer ) some properties include water & sewer (I will let you know) Some properties include taxes, water and sewer in their association fees (I will let you know- per property ) [email protected] look for properties at https://kathleen-bloomanen.weichert.com
OWN for less than renting-NJ- Adventures in Real Estate [email protected] https://kathleen-bloomanen.weichert.com
Own for less than renting- In this series I bring you properties for sale in NJ when you run the numbers it is less than renting a similar property in that area - I base the numbers on 5% down conventional loan ,I include all set numbers into the monthly amount = Mortgage, Taxes, Homeowners insurance, Association fees or Home Owner Association fees (if apply) , Flood insurance (if apply) the monthly payment, I quote does not include utilities (in example: water ,gas, electric, cable, internet, sewer ) some properties include water & sewer (I will let you know) Some properties include taxes, water and sewer in their association fees (I will let you know- per property ) [email protected] look for properties at https://kathleen-bloomanen.weichert.com
#rentNJ, #own, #tomsriver, #ownNJ, New Jersey,
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