[Challenger]

Originally Posted by retiredguy123

Here is an estimated comparison of a 1014 SF, 2 bedroom apartment to a 2 bedroom courtyard villa:

Rent, $2,145 x 12 = $25,740
The Lofts estimate for amenities, electric, water, sewer, trash, cable, $355.25 x 12 = $4,263
Total cost, $30,003

CYV costs for the same items:

Tax bill, $3,800
Electric, $85 x 12 = $1,020
Water, sewer, trash, amenities, $225 x 12 = $2,700
Cable (same as The Lofts estimate), $60 x 12 = $720
Yard maintenance, $60 x 12 = $720
Total cost, $8,960

These costs do not include mortgage interest, investment costs, or appreciation for the CYV.

CYY missing many costs - Replacements- roof, air condition, paint(in and out) Homeowners ins. , loss of investment return on home price. Total costs $8960+++++