1. Project Proposal Presentation
Andy Funes
Ta-Lun Huang
Justin A. Klotz
Steven Roos

2. Team Members Organizer Techie Summarizer Justin A. Klotz Andy Funes
Steven Roos
Summarizer
Ta-Lun Huang

3. Research Topic Commute v.s. No Commute
To make a comparison whether it is more economical to:
Purchase an inexpensive home far away from work and commute
Purchase a more expensive home close to work to prevent commute.
Example: Drive from Palmdale to LA or Work & Live in LA

4. Overview Cost of Living Cost of commute Mortgage Property Tax Fuel
Maintenance
Depreciation
Value of Time

5. Assumptions Engineer With 10 Years of Experience Working as Consultant
Equivalent Homes
30 Yrs. Fixed Rate Mortgage
Same Vehicle
Homes Appreciate at Historical Rate
Assume all factors not discussed are EQUAL

6. What Are We Going to Research & Compare?
Net Monthly Cost
Total Value of Investment
5 Yrs.
15 Yrs.
30 Yrs.
Future Value of Money Saved
Sensitivity Analysis

7. Resources Historical Home Value Data Mortgage Rate Vehicle Information
Internet e.g.
Mortgage Rate
Bank
Vehicle Information
Internet e.g.
Traffic & Commute Information
CalTrans
Internet e.g.

8. Questions?