Interactive · MCDP's real numbers
Owning vs. co-op vs. renting.
Pick a home size to see how owning a Dougherty condo really compares — the monthly cost, the cash to get in, and the wealth you build.
Own (condo)
$1,977/mo
- Cash to get in
- $13,408
- …with assistance
- ~$3,408
- Equity in 10 yrs
- $105,792
Co-op
$1,750/mo
- Cash to get in
- $5,000
- Equity in 10 yrs
- $34,605
Rent
$1,750/mo
- Cash to get in
- $3,200
- Equity in 10 yrs
- —
Wealth built after 10 years
| Own | Co-op | Rent |
|---|
| Builds equity | Full appreciation + principal | Limited (share + up to 6%/yr) | None |
| Monthly cost | Fixed mortgage | Set by member-owners | Rises with the market |
| Tax benefits | Mortgage interest + property tax | Some | None |
| Who maintains it | You (+ condo assoc. for common areas) | The co-op | Landlord |
| Can you leave easily | Sell on the open market | Sell your share back | Give notice |
Source: MCDP's own cost & benefits comparison. Illustrative — your lender confirms exact figures.
Own (condo)
$2,215/mo
- Cash to get in
- $15,600
- …with assistance
- ~$5,600
- Equity in 10 yrs
- $120,000
Co-op
$2,150/mo
- Cash to get in
- $5,000
- Equity in 10 yrs
- $38,000
Rent
$2,100/mo
- Cash to get in
- $5,000
- Equity in 10 yrs
- —
Wealth built after 10 years
| Own | Co-op | Rent |
|---|
| Builds equity | Full appreciation + principal | Limited (share + up to 6%/yr) | None |
| Monthly cost | Fixed mortgage | Set by member-owners | Rises with the market |
| Tax benefits | Mortgage interest + property tax | Some | None |
| Who maintains it | You (+ condo assoc. for common areas) | The co-op | Landlord |
| Can you leave easily | Sell on the open market | Sell your share back | Give notice |
Source: MCDP's own cost & benefits comparison. Illustrative — your lender confirms exact figures.
Own (condo)
$2,453/mo
- Cash to get in
- $17,866
- …with assistance
- ~$7,866
- Equity in 10 yrs
- $134,949
Co-op
$2,750/mo
- Cash to get in
- $6,095
- Equity in 10 yrs
- $42,225
Rent
$2,500/mo
- Cash to get in
- $7,375
- Equity in 10 yrs
- —
Wealth built after 10 years
| Own | Co-op | Rent |
|---|
| Builds equity | Full appreciation + principal | Limited (share + up to 6%/yr) | None |
| Monthly cost | Fixed mortgage | Set by member-owners | Rises with the market |
| Tax benefits | Mortgage interest + property tax | Some | None |
| Who maintains it | You (+ condo assoc. for common areas) | The co-op | Landlord |
| Can you leave easily | Sell on the open market | Sell your share back | Give notice |
Source: MCDP's own cost & benefits comparison. Illustrative — your lender confirms exact figures.