RENT TO OWN
Real Estate Solutions of Duncan Inc.
Interested in a Rent To Own? Here is an example of Renting versus Rent To Own
$42,000 Cash / Bank Financing or Rent To Own with $3,000 Lease Activation and $650 Month for 10 years.
Yes, that's the same price as rent this year, but in 2 years when rent would be $716 (based on a 5% per year increase),
you will still be paying $650.
In 5 years when rent would be $829 you will still be paying $650.
In 10 years when rent would be $1,058 you are still paying $650.
After the 10th year you pay $0.00, because your home is paid off.