Town Square Apartments - Senior Living

4719 Alma Avenue, Cincinnati, OH 45242 · (513) 984-1131

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RENTING AT TOWN SQUARE SENIOR APARTMENTS

VERSUS

STAYING IN YOUR HOME
 

Why are you waiting?  Let us help you make the choice for a more Carefree Affordable Living

 

Is the mortgage loan on your home paid-off?  Have you considered other costs associated with homeownership?  They exist and continue to rise year after year; real estate taxes, homeowners insurance, utilities, house maintenance, exterior maintenance, etc.

Estimated Monthly Expense

Staying in

YOUR HOME

VERSUS

Moving to your New Home @ Town Square


 

Description

*Homeownership  Monthly Expense

Monthly Expense for One Bedroom Apartment

Monthly Expense for

Two Bedroom Apartment

Mortgage Payment versus Renting at Town Square

       $     0

$950.00

$1095.00

Real Estate Taxes

260.00

0

0

Homeowner Insurance versus

Renters Insurance

  50.00

 

20.00

 

20.00

Duke Energy “Even Billing”

175.00

40.00

60.00

Water & Sewer expense

 35.00

0

0

Estimated Interior Home Maintenance

 50.00

0

0

Estimated Exterior Home Maintenance

Lawn mowing, leaf and snow removal, etc.

 

 50.00

 

0

 

0

Total Monthly Expense

        $620.00

          $1,010.00

$1,175.00

Additional Monthly Income received form Investing House Sale Proceeds ($219,900) in Three (3%) percent

Monthly Distribution Annuity

 

0

 

($550.00)

 

($550.00)

Net cost of Homeownership VERSUS

Renting Your New Home at TOWN SQUARE

$620.00

 

$460.00

 

$625.00

 

 

* Actual figures for a house located at 6491 Donjoy Drive in Blue Ash which sold for $219,900 on December 31, 2009.  Utilities, Insurance, Water & Sewer received from Duke Energy, Cincinnati Water Works and an Independent Insurance Agent, etc.

 

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WEB SITE www.townsquareseniorapartments.com