this is everyday math of comparing rentals. i have included the assignemtn previous. can you do this assigebmnt its due tmrw! ill give good rating

Assignment 1: Expenses Related to Owning Compare the list of "Expenses While Living on Your Own" with the list of expenses on this new chart. 1. What is missing on the new chart? 2. What is new? 3. Why would there be differences between a list of expenses for owning compared to a list of expenses for renting? 4. Thinking back to the two rental listings you found and the two purchase listings you found, for each of the expenses that are on both charts, do you think: o the costs would be the same for renting or owning? o the costs would be higher for renting than for owning? o the costs would be higher for owning than for renting? o some costs would be higher for renting and others would be higher for owning? 5. Explain why you answered Question 4 the way you did. What were you considering? Answer the questions above and submit your comparison HERE. Additional Costs of Owning In Activity 1, you looked at the additional expenses you might have to pay if you were renting and estimated those expenses. Here, you will estimate the additional expenses associated with ownership In the video, Claire says, "If you're renting like Jack here, you need to know that owning your own home is not the same thing and may not be right for you. Take a look. These are all the things that you have to think about" and she shows him pages of additional expenses that a homeowner may have to budget for. What she showed Jack was this document. We are only going to look at a few of these expenses for now. Retrieve the assignment, Expenses While Living On My Own, you used to estimate the additional monthly expenses if you were renting during Activity 1. Now look at the chart that we will be using below, for the expenses related to owning a property: Owning - Estimated Monthly Cost - Property 1 Property Number Purchase Cost of Home: $ Estimated Monthly Costs Utilities (Heat, electricity, water): $ Mortgage Payment: Property Insurance: Property Taxes: Maintenance/Repair Expenses: $ Land Line Telephone: $ Internet: $ Cable TV: $ TOTAL: $ Rental Accommodations Estimated Monthly Cost - Property 1 Property Number: 173008 Aportment Monthly Rent: s 1599 s up Is Not Suce Estimated Additional Costs: Utilities (Heat, electricity water): $ Internet: Cable TV $ Parking: 167.00 $ 8L10 60.00 $ 115.00 15-25 $ 20.00 s 2,0571 -2,067.1 Laundry: $ Other: Tenants insiale TOTAL: [HOLI Included Costs: Place a tick beside the costs that are included in your rent with this property Utilities. Hot Utilities Electricity Utilities: Water Land line telephone Intemet Cable TV Parking Laundry Other Take a screen shot or a print out of the property information and paste there 2 of 2 Rental Accommodations Estimated Monthly Cost - Property 2 Property Number: 144098053 Town house Monthly Rent: $ 2,200 Estimated Additional Costs:Furnitut still $14.400 Uelities (Heat electricity water): s 167 Internet: s 81.10 Cable TV $60.00 Parking: $ Laundry: s 15-25 Other: $ TOTAL: $16923.1 -7 16,933.1 Included Costs: Place a tick beside the costs that are included in your rent with this property Utilities Heat Utilities Electricity Utilities Water Land line telephone Internet Cable TV Parking Laundry Other Take a screen shot or a print out of the property information and paste it here: Assignment 1: Expenses Related to Owning Compare the list of "Expenses While Living on Your Own" with the list of expenses on this new chart. 1. What is missing on the new chart? 2. What is new? 3. Why would there be differences between a list of expenses for owning compared to a list of expenses for renting? 4. Thinking back to the two rental listings you found and the two purchase listings you found, for each of the expenses that are on both charts, do you think: o the costs would be the same for renting or owning? o the costs would be higher for renting than for owning? o the costs would be higher for owning than for renting? o some costs would be higher for renting and others would be higher for owning? 5. Explain why you answered Question 4 the way you did. What were you considering? Answer the questions above and submit your comparison HERE. Additional Costs of Owning In Activity 1, you looked at the additional expenses you might have to pay if you were renting and estimated those expenses. Here, you will estimate the additional expenses associated with ownership In the video, Claire says, "If you're renting like Jack here, you need to know that owning your own home is not the same thing and may not be right for you. Take a look. These are all the things that you have to think about" and she shows him pages of additional expenses that a homeowner may have to budget for. What she showed Jack was this document. We are only going to look at a few of these expenses for now. Retrieve the assignment, Expenses While Living On My Own, you used to estimate the additional monthly expenses if you were renting during Activity 1. Now look at the chart that we will be using below, for the expenses related to owning a property: Owning - Estimated Monthly Cost - Property 1 Property Number Purchase Cost of Home: $ Estimated Monthly Costs Utilities (Heat, electricity, water): $ Mortgage Payment: Property Insurance: Property Taxes: Maintenance/Repair Expenses: $ Land Line Telephone: $ Internet: $ Cable TV: $ TOTAL: $ Rental Accommodations Estimated Monthly Cost - Property 1 Property Number: 173008 Aportment Monthly Rent: s 1599 s up Is Not Suce Estimated Additional Costs: Utilities (Heat, electricity water): $ Internet: Cable TV $ Parking: 167.00 $ 8L10 60.00 $ 115.00 15-25 $ 20.00 s 2,0571 -2,067.1 Laundry: $ Other: Tenants insiale TOTAL: [HOLI Included Costs: Place a tick beside the costs that are included in your rent with this property Utilities. Hot Utilities Electricity Utilities: Water Land line telephone Intemet Cable TV Parking Laundry Other Take a screen shot or a print out of the property information and paste there 2 of 2 Rental Accommodations Estimated Monthly Cost - Property 2 Property Number: 144098053 Town house Monthly Rent: $ 2,200 Estimated Additional Costs:Furnitut still $14.400 Uelities (Heat electricity water): s 167 Internet: s 81.10 Cable TV $60.00 Parking: $ Laundry: s 15-25 Other: $ TOTAL: $16923.1 -7 16,933.1 Included Costs: Place a tick beside the costs that are included in your rent with this property Utilities Heat Utilities Electricity Utilities Water Land line telephone Internet Cable TV Parking Laundry Other Take a screen shot or a print out of the property information and paste it here