Pick a home size to see how owning a Dougherty condo really compares — the monthly cost, the cash to get in, and the estimated 10-year financial benefit.
Owning a Dougherty 1BR could provide an estimated $104,057 in financial benefits over 10 years*
| Own | Co-op | Rent | |
|---|---|---|---|
| Builds equity | Principal paydown + limited appreciation (resale price rises with Area Median Income) | Limited (share + an estimated 2%/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 to an income-eligible buyer at a restricted resale price | Sell your share back | Give notice |
*Estimates based on Phase 2 prices ($268,800 1BR, $325,000 3BR), the highest estimated Phase 3 2BR price ($341,365), current condo fees ($129 1BR, $215 2BR, $299 3BR) and property taxes at about 1.25% of the price a year (from a 2026 Dougherty tax bill), a 5.95% interest rate, 3.5% down, 0.55% mortgage insurance, 2% annual appreciation and expense growth, a 22% tax bracket, and a 5% commission at resale. Tax benefits apply only if you itemize deductions; many buyers don't, so your benefit may be lower. All figures are subject to change based on interest rates and individual situations. Your lender confirms exact figures. See MCDP's full comparison.