Parkway Medial Plaza - Why own your own office
Lower cost than renting
Own an appreciating property (Your equity may appreciate sharply)
Equity build-up (because your mortgage payments)
Tax advantages, interests and depreciation deduction
No sales taxes on mortgages like in leases
What can happens in 10 years if you spend
the same amount of money you are renting
to buy
Let's assume you buy an office of	2,500	FT
Purchased Price per FT	$230
Total purchased price	$575,000
Down Payment	20%	$115,000
Mortgage Interest Rate	7.50%
Loan Amount	$460,000
Fully amortized in	20	years
Rent amount per FT / Year - NNN			$17.00
CAM (Common area maintenance)	$5.00		$5.00
Total Rent - Gross amount			$22.00
How much you spend every year	to buy		to rent
Rent fee	$0		$42,500
Mortgage	$44,469		$0
CAM/operating Expenses	$12,500		$12,500
Sales taxes over leases	$0		$2,550
Total value of your check	$56,969		$57,550
If you use the same amount of cash used to rent
towards your purchase
- Property purchased value	$575,000	$575,000	$575,000
- Appreciation and income	$936,614	$1,491,402	$2,326,196
@ what % per year	5%	10%	15%
during 'n' years	10	10	10
- Equity Build-up (Loan Pay Off amount)	($312,800)	($312,800)	($312,800)
- Down payment	($115,000)	($115,000)	($115,000)
You can have in 10 years:	$508,814	$1,063,602	$1,898,396
But if you have rented:	ZERO	ZERO	ZERO
Notes:	5 % a.a is the last	Florida is consistently	Think 15% is too high?
	25 years USA	getting returns over	Empty land in
	average as per	10% during the last	Pembroke Pines
	www.ofheo.gov	5 years	(Pines Blvd)
		According OFHEO	returned 35% a.a
		it was 15% a.a	in the last 10 years