bomberclifford
Importer/Exporter
You are assuming a locked rental rate of $250 a week for 25 years which is fundamentally flawed
And the price you payed for the house when you bought it is locked in, whereas with renting the value of the house you rent continues to rise as does your rent payments.
Rental increase is 5% per annum maximum.
Would be easy enough to factor this into the equation.
Plus the house you own has expenses such as rates, repairs, insurances and the like.
To be fair, this needs to be estimated and added to the mix.





