Financial Analysis Tool · Calculator
Portfolio Calculator
Model the long-term financial impact of owning versus leasing diplomatic housing in New York City.
Over a 30-year hold period, purchasing diplomatic housing in New York can save a mission $45–60 million compared to renting.
Annual rent increases of 3–5% compound significantly over multi-decade timeframes, making ownership increasingly advantageous.
Typical diplomatic housing in Manhattan costs $500,000–$5,000,000 per unit, with monthly carrying costs of $2,000–$8,000.
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The calculator models transaction costs (price, common charges, property taxes, transaction fees), rental costs (monthly rent, annual escalation), and investment factors (appreciation rate, hold period). Default values reflect typical diplomatic housing. Inputs are adjustable.
The calculator provides directional guidance based on the inputs provided. Actual costs and outcomes depend on market conditions, interest rates, maintenance costs, and other factors. Use the calculator as a starting point. Consult with our team for a comprehensive analysis tailored to your specific situation.
Diplomatic housing in New York typically ranges from $500,000 to $5,000,000+ per unit depending on location, size, and building type. Missions often maintain portfolios of 5–20 units for staff housing. Monthly carrying costs (common charges, taxes) typically run $2,000–$8,000 per unit.
The hold period is one of the most significant variables. Over shorter periods (1–5 years), transaction costs often make renting more economical. Over longer periods (10–30 years), property appreciation and avoidance of compounding rent increases typically make ownership dramatically more cost-effective.