▶ Let’s review calculations for a Rent-To-Own $400,000 Condo?
Below is a Sample scenario of an investor.
Area: Greater Toronto Area [GTA] & the Surroundings
Property Purchase Price: $400,000
Annual Gross Income Required: $100,000 [i.e. 4 Times the Annual Gross Income]
Tenant-Buyer Initial Down Payment: $20,000 [i.e. 5% of Purchase Price]
Rent To Own Term: One  to Five  Years
Market Appreciation: 5.0% / Year
Future Purchase Price: $420,000 [1 Year] to $510,000 [5 Years]
Rent: $2,500 / month + Maintenance
Additional Down Payment: $500 / month
Total: $3,000 / month + Maintenance
Investor Pays for the property taxes and initial closing costs.
Buyer-Tenant can procure any property on the MLS®.
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▶ Rent-To-Own Homes Toronto GTA Ontario Program details.
Rent-To-Buy Home Program Fully Explained!
Rent-To-Purchase Property FREE Toronto GTA Listings
▶ Visit the following links for Rent To Buy House in Toronto GTA Ontario Canada
Rent to Own TORONTO REAL ESTATE for Sale Listings →
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Rent to Own House, Condos in VAUGHAN Ontario →
Rent-To-Own properties in WHITBY Ontario →
Rent-To-Buy WHITCHURCH-STOUFFVILLE Ontario →
▶ Manoj Atri, REALTOR®
with Architectural Experience
Re/Max Hallmark Realty Ltd., Brokerage
401 – 685 Sheppard Ave E, Toronto ON M2K 1B6
Office:  494-7653 | Cell:  275-2089 | Direct:  423-2089
Fax:  494-0016 | Skype: Atri.Manoj | Email: [email protected]
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