Why Rent?

RENTING AT TOWN SQUARE SENIOR APARTMENTSVERSUSSTAYING 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, housemaintenance, 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 $1100.00 $1300.00at Town Square --------------------------------------------------------------------------------------------------------- Real Estate Taxes $260.00 0 0 --------------------------------------------------------------------------------------------------------- Homeowners Insurance versus 50.00Renters 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 MaintenanceLawn Mowing, Leaf and SnowRemoval, etc.--------------------------------------------------------------------------------------------------------- Total Monthly Expenses $620.00 $1160.00 $1380.00 --------------------------------------------------------------------------------------------------------- Additional Monthly Income 0 (550.00) (550.00) Received from Investing HouseSale Proceeds ($219,900) inThree (3%) PercentMonthly Distribution Annunity---------------------------------------------------------------------------------------------------------NET COST of Homeownership $620.00 versus $610.00 $830.00Renting Your New Home atTown Square Security Deposit = 1 month rent. Pet Deposit additional $300, plus $35 per month---------------------------------------------------------------------------------------------------------* 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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