If your objective is to live in the house for 5 years, and earn a minimum of 10% return on your equity investment, would you buy or rent? Explain
Financial Management You are considering an option to purchase or rent a house – single residential property. You can rent it for $1,900 per month and the landlord would be responsible for property maintenance, property hazard insurance and property real estate taxes. However, you would spend $120 per year on rental insurance that covers you […]