Why Rent?

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

Description *Homeownership Monthly Expense Monthly Expense Monthly Expense for ONE-Bedroom TWO-Bedroom Apartment Apartment
Mortgage Payment versus Renting $0 $975.00 $1125.00
at Town Square
--------------------------------------------------------------------------------------------------------- Real Estate Taxes $260.00 0 0
--------------------------------------------------------------------------------------------------------- Homeowners Insurance versus 50.00
Renters Insurance 20.00 20.00
---------------------------------------------------------------------------------------------------------
Duke Energy Even Billing $175.00 40.00 60.00
--------------------------------------------------------------------------------------------------------- Sewer & Water Expense 35.00 0 0
--------------------------------------------------------------------------------------------------------- Estimate Interior Home 50.00 0 0
Maintenance
--------------------------------------------------------------------------------------------------------- Estimate Exterior Home 50.00 0 0
Maintenance
--------------------------------------------------------------------------------------------------------- Estimate Interior Home 50.00 0 0
Maintenance
Lawn Mowing, Leaf and Snow
Removal, etc.
--------------------------------------------------------------------------------------------------------- Total Monthly Expenses $620.00 $1035.00 $1205.00
--------------------------------------------------------------------------------------------------------- Additional Monthly Income 0 (550.00) (550.00)
Received from Investing House
Sale Proceeds ($219,900) in
Three (3%) Percent
Monthly Distribution Annunity
---------------------------------------------------------------------------------------------------------
NET COST of Homeownership $620.00
versus $485.00 $655.00
Renting Your New Home at
Town Square
---------------------------------------------------------------------------------------------------------
* 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 insurance agent, etc.
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