$32,000 Cash / Bank Financing or Owner Carry with $2,500 Down and $525/Month for 10 years. Yes, that's the same price as rent this year, but in 2 years when rent would be $580(based on a 5% per year increase) , you will still be paying $525. In 5 years when rent would be $670, you will still be paying $525. In 10 years when rent would be $855 you are still paying $525. After the 10th year you pay $0.00, because your home is paid off .
$2,500 Down - $525 Month for 10 Years
