10/20/2026
Can Your Rent Buy?
Paying $1,100 in rent? Let’s explore what buying could actually cost. 🏡
In this hypothetical $100,000 Detroit purchase:
• Mortgage payment with taxes, homeowners insurance, and PMI: about $1,189
• With maintenance and emergency savings: about $1,372 before utilities
• Purchase cash budget: about $9,500, plus reserves
Your income, debts, credit, loan options, and the property itself determine what works for YOU.
I help Detroit buyers turn “maybe one day” into a practical plan.
Comment NUMBERS if you want help estimating your personal buying range, or join Pathway to Keys Wednesday.
Save this for your homebuying planning.
Illustrative example; actual costs and eligibility vary.
Barrett Real Estate
2545 N. Opdyke Rd. Suite 106
Auburn Hills, MI 48326
901-450-1134
http://10000cards.com/card/toria