Oct 15
Add a Buy vs Rent Cost Breakdown
This bit in the 'how it works section' is really interesting just to visualise an indication of what costs and thus cashflow would be, could be really interesting to move onto main page and have it below the main chart. Could even include all the steps from '6. Worked example with the NZ defaults' as very informative for diving deeper. E.g. this was the step 2 in this that would be really cool to see:
Step 2: Year 1 costs
Buying
Mortgage payments (12 × $4,222.03)
$50,664
Council Rates (0.5%)
$3,750
Maintenance (1%)
$7,500
Insurance
$1,200
Total
$63,114
Renting
Rent (12 × $2,448.33)
$29,380
Total
$29,380
In year 1 renting is $33,734 cheaper, so the renter invests that difference. With half a year's growth at 7% it adds $34,915 to their portfolio.
Pending