Your Perfect Assignment is Just a Click Away
We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!


New York University Accounting of Investing or Buying a House Worksheet

New York University Accounting of Investing or Buying a House Worksheet

Question Description

You are to create a spreadsheet that tracks the cash flows on a monthly basis of a person that had a home buying experience over a 10 year period and determine whether they would have been better off buying or leasing their home and investing in some other investment.

The scenario is as follows:

Pick a house from Zillow,, or any other website that sold in 2008 or 2009. Include a print of the page. Assume you sell the property today based on a current estimate.

The house was bought with an 80% mortgage with a 4% interest rate and 30-year amortization. Taxes and insurance in the first year were 2.2% of the purchase price. Initial rent is based on an estimate by Zillow as a percentage of your current value.

The investment can be anything you like, S&P Index, Bitcoin, Home Depot Stock, gold, etc (if you pick specific stocks, a stock cannot be more than 25% of your total portfolio). If you use a specific stock, you must track price, splits, and dividends.

Take the cash flows from the houses over time and compare that to the cash flows that you would have received had you not bought a house but rented a home and invested instead. Essentially, the scenario that provides you the greatest wealth at the end of the period is theoretically the better strategy.

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: DESTINY PAPERS only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of master's and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by DESTINY PAPERS are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. DESTINY PAPERS is known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At  DESTINY PAPERS, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.