This is not a full investment model
The estimate excludes selling costs, vacancy, rental income, loan fees, transfer fees, legal costs, major repairs, and opportunity cost of cash. Use it only to compare rough direction.
Planning tool
Compare rent versus owning a foreclosure
Estimate how monthly rent compares with owning a home or foreclosed property after amortization, dues, taxes, insurance, repairs, and expected property growth.
Monthly ownership
₱16,164
Loan payment
₱11,164
Total rent
₱1,169,926
Equity growth
₱286,693
Planning result
Ownership may compare favorably
Ownership cash out minus rent cost and estimated property growth: -₱126,761. A negative number means ownership looks better under these assumptions. A positive number means renting looks cheaper during the comparison period.
Foreclosures need extra caution
If the target property is occupied, hard to inspect, or sold as-is where-is, increase your repair and delay assumptions before treating ownership as cheaper.
Interpret carefully
Rent gives flexibility. Ownership can build equity, but it also adds financing, maintenance, taxes, dues, and property-specific risks.