Rates
Hammock Estates ROC, Inc. A Corporation Not-for-Profit Ph: (863) 382-0347 RENTING VS COOPERATIVE OWNERSHIP
2011 - 2021
2011 - 2021
The advantages of a share purchase Total Rent Paid $44,796.00 Total Savings $36,456.00 121.5% _______________________________________________________________________________ The above estimates for rent are based on a 3% CPI increase . The return is based on a share purchase price of $29,900.00 in effect July 2010 **Iindicates that at that point annual savings are equal to the share price
The advantages of a share purchase OWNERSHIP
Monthley Annual Maint. Monthly Annual
Year Rent Rent Fee Savings Savings Return
1 325.00 3900.00 70.00 255.00 3060.00 10.2 %
2 335.00 4020.00 65.00 270.00 3240.00 10.8 %
3 345.00 4140.00 65.00 280.00 3360.00 11.2 %
4 355.00 4260.00 65.00 290.00 3480.00 11.6 %
5 366.00 4392.00 70.00 296.00 3552.00 11.9 %
6 377.00 4524.00 70.00 307.00 3684.00 12.3 %
7 388.00 4656.00 70.00 318.00 3816.00 12.8 %
8 406.00 4872.00 70.00 336.00 4032.00** 13.2 %
9 412.00 4944.00 75.00 337.00 4044.00 13.5%
10 424.00 5088.00 75.00 349.00 4188.00 14.0%